Multi-Family and Apartment Investing
Market News & Data
General Info
Real Estate Strategies
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hospitable-deef083b895516ce26951b0ca48cf8f170861d742d4a4cb6cf5d19396b5eaac6.png)
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_trust-2bcce80d03411a9e99a3cbcf4201c034562e18a3fc6eecd3fd22ecd5350c3aa5.avif)
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_1031_exchange-96bbcda3f8ad2d724c0ac759709c7e295979badd52e428240d6eaad5c8eff385.avif)
Real Estate Classifieds
Reviews & Feedback
Updated about 5 years ago on . Most recent reply
![Praveen Cherian's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1499634/1694927071-avatar-praveenc1.jpg?twic=v1/output=image/cover=128x128&v=2)
Elevator in a 4 story apartment building
Hi, I just purchased a 4 story apartment building that requires full rehab. It comes with an elevator. My partner and I have estimates for unit rehab but need some guidance from those who have experience with elevators. Would appreciate any experience feedback on cost to fully restore or replace the elevator.
Thanks
Most Popular Reply
![Greg Dickerson's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1033133/1621507830-avatar-agregdickerson.jpg?twic=v1/output=image/crop=3024x3024@0x0/cover=128x128&v=2)
- Developer
- Charlottesville, VA
- 4,399
- Votes |
- 4,756
- Posts
Originally posted by @Praveen Cherian:
Hi, I just purchased a 4 story apartment building that requires full rehab. It comes with an elevator. My partner and I have estimates for unit rehab but need some guidance from those who have experience with elevators. Would appreciate any experience feedback on cost to fully restore or replace the elevator.
Thanks
No way we could tell you. There are a lot of variables here. Age, condition, manufacture, type, repair vs replace, etc. Best bet is to call a local company for an estimate.