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Updated over 5 years ago on . Most recent reply

Kaveh Jafarabadi's profile image
Kaveh Jafarabadi's profile image
Kaveh Jafarabadi
  • Member since Aug 14, 2019
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Kaveh Jafarabadi's profile image
Kaveh Jafarabadi's profile image
Kaveh Jafarabadi
  • Member since Aug 14, 2019
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Kaveh Jafarabadi
2
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6
Posts
Multi-Family and Apartment Investing

Condominium Property Management Fee (1000 Unit)

Kaveh Jafarabadi
Posted

Looking for suggestions on the calculation of the property management fees. 

Property type: All condos/ no rentals

Location: Chicago,

Age: 10 Years Old

Number of Units: 1000 Units

Approximate HOA Yearly $4M

Other Incomes ~ $300K (Yearly)

Unit value range: $250K - $450K

Thanks In Advance 

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