Building an Apartment!

[Shane Collins]

I found a beautiful plot of land in northern Kentucky with an amazing view of the city, this question is super generic and depends on a lot of factors but: how much does it cost to build a 3 story 5000sq ft building that's not a killer for insurance with balconies?! Does anyone have any success building like this? I know the big companies usually swoop up this kind of land and offer custom homes but I think a nice apartment building could work I'm just not sure about the math. Any other advice?!