Typical Prop. Mangement Fee for 100+ Unit Apt. Complex

[Adanna Davis]

Multifamily Real Estate Investors, 

What is the typical percentage that Property Management Companies receives for managing a large multifamily complex (100 units or more).  I interviewed a management company and they initially told me 4% (in addition to paying for the site manager and maintenance salary).  After explaining the low occupancy rate and the renovations needed for the complex and possible phasing of work, they responded that it may be 6% instead of the 4%.  What is a typical or average % that they will charge for a complex this size?