The national average cost to build an apartment building is between $5.4 and $59 million, with most people paying $12.5 million for a 5-story mid-rise apartment building with 50 units. This projects low cost is $970,000 for a 4,500 sq.ft. total duplex apartment building using basic materials.
Cost Guides. Apartment Building Costs. Apartment construction has a number of different variables involved, so pricing this type of job can be difficult without specific details.
We can build 6 floor 12 units (2bed, 1 bath, 800-1000sqft per unit) on this lot. What would be the approximate cost to build such an apartment building. Also, if we decide to go this path, how to estimate the market value of apartment building?
Such details provide a deeper understanding and appreciation for Five-Star Apartment Building Costs.
eight-story wooden apartment building in Finland.
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