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Updated almost 7 years ago on . Most recent reply

Account Closed's profile image
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Account Closed
  • Investor
  • from Colorado Springs, Colorado
  • Member since Sep 25, 2017
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Account Closed's profile image
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Account Closed
  • Investor
  • from Colorado Springs, Colorado
  • Member since Sep 25, 2017
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Account Closed
  • Investor
  • Colorado Springs, CO
10
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31
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Multi-Family and Apartment Investing

Rehab Cost Estimation

Account Closed
  • Investor
  • Colorado Springs, CO
Posted

Hi there BP,

I am trying to model the costs of some CapEx for a ~160 unit deal I am currently underwriting and could use some advice to help me ballpark the figures. I am considering additions such as an outdoor grilling area, dog park, and/or kid's playground. I know it varies greatly but if anyone who has done something similar could give me a little bit to work with, that would be great!

Thanks in advance - Jake

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Michael Le's profile image
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Michael Le
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  • from Houston, TX
  • Member since Aug 18, 2015
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Michael Le's profile image
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Michael Le
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  • from Houston, TX
  • Member since Aug 18, 2015
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Michael Le
  • Developer
  • Houston, TX
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Michael Le
  • Developer
  • Houston, TX
Replied

Dog park - $5-10k

Outdoor grilling area - $10-20k

Playground - $15-25k

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