Orono Maine Expenses

[Ben Theriault]

Hi all,

I'm analyzing small multifamily properties in the Orono/Old Town Maine markets. Does anyone know a good resource for a reliable estimate of water/sewer/heat in this area? This varies on square footage obviously but I'm wondering if there is a either a rule of thumb or a local contact that might be able to offer some insight.

Thank you!

[Ben Theriault]

Thanks for the insight Eddie. It seems like most of the stock in town is around the century old mark so that is good to keep in mind. Perhaps its worth both bumping up capex and budgeting for future improvements.