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16
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4
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Matyas Sustik
  • Real Estate Investor
  • San Francisco, CA
4
Votes |
16
Posts

Cost of maintenance for San Antonio B complex

Matyas Sustik
  • Real Estate Investor
  • San Francisco, CA
Posted

I am trying to find out how much is reasonable to spend to maintain an apartment in a B complex in San Antonio. To be clear I only seek a ballpark cost numbers per door to repair, maintain (paint, carpet, make ready), not include tax, insurance, admin, advertisement etc. Just the work done on the units and surrounding grounds.

A complex I am looking at spends 2k per door. There are outside stairs, a swimming pool and some lawn, bushes. It is a 120 unit complex with mostly efficiencies and 2 bedroom units (targeting singles and professionals). So I am wondering whether 2k per year per door is too little or too much to spend on maintenance?

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