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Updated almost 4 years ago,

User Stats

46
Posts
34
Votes
Allen B.
  • Investor
  • Chicago area
34
Votes |
46
Posts

Typical per-unit maintenance for urban class C?

Allen B.
  • Investor
  • Chicago area
Posted

Hi All,

What sort of numbers do people like to estimate for per-unit maintenance? I'm specifically looking at medium-size (say, 12-50) unit, older but in good shape, class C buildings around Chicago and suburbs. Actual numbers I'm seeing are all over the place for various reasons.

Am thinking costs within a unit (so excluding roofs, boilers, etc) mainly come from kitchens and bathrooms, and then perhaps a smaller amount psf. At least that's my experience in smaller properties.

Any thoughts would be much appreciated, thanks!

Allen

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