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Real Estate Investing Forums | Real Estate Investing | Rehabbing, Landlording Forum (Moderators: $Cash$, Bluemoon06, kdhastedt, Mdhaas, motivatedceo) | Topic: Anyone have any idea on cost to build a 4plex?
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webuyplaces
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« on: February 17, 2010, 02:32:56 PM »

I recently bought an apartment complex that consists of 10 total units in 2 buildings.  With the purchase i got an additional lot next to it that is already zoned multi family.  Im curious if anyone has any idea of the cost for a basic 4 family?  By zoning i can build up to 10 units on the land, but am thinking of just starting with one 4 family to get going.  I know there are may different options on building, but im looking for a basic 2 story building with 2 up and 2 down.  Thanks
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Mdhaas
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« Reply #1 on: February 17, 2010, 02:49:19 PM »

That is probably going to depend on locale.  You will need to speak with someone local to get you a construction price

Where are you located?
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webuyplaces
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« Reply #2 on: February 17, 2010, 03:24:37 PM »

Im located in Illinois, right outside of St. Louis.  Yeah, i know there are many variables that could determine price.  Im just looking for a rough figure. 
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gpirei
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« Reply #3 on: May 08, 2010, 07:48:18 PM »

I am a general contractor in Lehigh Valley, PA area and could build in this area for about $75/sq. ft.  Assuming four 1,000 sq. ft. units, should be able to get done for around $300k.  You may be able to do modular construction for less. 
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Real Estate Investing Forums | Real Estate Investing | Rehabbing, Landlording Forum (Moderators: $Cash$, Bluemoon06, kdhastedt, Mdhaas, motivatedceo) | Topic: Anyone have any idea on cost to build a 4plex?
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