Large Multi Family New Construction DFW, TX

[Reed Goossens]

Hi Guys,

I am looking at a deal in DFW TX, new construction (raw land right now) zoned multi family and allows up to 80 units (by right). 

I am based in Los Angeles, cost of construction is a lot different up here compared to TX. 

What I am looking for to help me properly under write the deal

1. Hard Costs: Cost per sf (rough order of magnitude) new construction large multi family in the DFW area.

2. Soft Costs: Approx. $/sf (Design Consultants etc). 

3. Approval process within DFW (by right lot) I couldn't imagine it taking any longer than 6 months from start to pulling permits?

4. Approx. entitlement fees to get the job approved. Is there a rule of thumb in DFW for new construction?

4. Typical GC fees as a % of total cost of construction in DFW (commercial GC fees, not residential).

Any advice would be much appreciated. 

Cheers

Reed