We are set to refinance a project here soon that we purchased all cash and it looks like we will be able to pull out all the money that has been put in (including a new elevator installation).

Unemployment has skyrocketed, GDP has plummeted, little traction has been made on the virus in six months, asset prices remain elevated, and we are in a recession. 

We generally do a sketch elevation to present to the client, then follow that up with a full CAD draft once we have buy-in.

The 3rd Dimension is what is most important: elevation. 

The elevated price of lumber is adding approximately $24,000 to the price of a new home.

Under 500k.C is smaller homes, average school districts and median home prices (about 193k currently in Milwaukee) - positive cash flow and a good chance on appreciation.D neighborhoods are below median home price (I would say 100-150k currently), elevated crime levels, challanged schools. 

Brad,Much like properties in Miami, Rincon is also elevated in their home pricing.

Self Storage Project Worksheet Drive up StorageNotes:Land$200,0004 acres at $50,000/acreSurvey$7,000Site, elevation and building layoutFence$30,000Black chainlinkGate system$25,000Automated rolling 20ftEngineerif needed; $30,000 to $60,000Dirt work$15,000Slight roll, no dirt brought on siteBuilding demoif needed, $15,000 to $60,000Electrical- site$7,000building lighting and office if needed, LED.Electric polesif needed; $2,000 per pole.

Elevator or stairs only if two story?

It elevates the prestige of the unit/home which creates a premium for your ROI7.