The cost to build a four-unit apartment building will vary depending on the size and location of the property. The average cost to build a 4 unit apartment building in the United States is $108,843. This figure includes labor, materials and construction costs.
The total cost will depend on many factors including the size of the building and whether it’s a new construction or renovation project. It will also vary based on several other factors including:
The number of units being built. The more units involved, the higher the cost will be.
The size of each unit. The larger each individual unit is, the more expensive it will be to build because there will be more materials involved and you’ll need more labor hours worked by your contractor.
The location of your property: If it’s an urban area or suburban area, expect to pay more than if it’s in a rural area or small town where there aren’t many other contractors competing for work with you around the same time as well as fewer regulations regarding zoning laws that may affect what types of structures can be built there (such as height restrictions).
Cost to build 4 unit apartment
If you are an apartment owner, you will need to know how much it costs to build a 4 unit apartment building.
The cost of an apartment building depends on many factors such as the type of building (four-plex or condo), location and size. The average price for a four-plex ranges from $150,000 to $500,000 per unit depending on location and amenities.
If you want to know how much does it cost to build a 4 unit apartment building then keep reading:
The Cost of Building an Apartment Building
The first step in estimating the cost of building your own four-plex is to calculate square footage and also find out how many square feet each unit will take up. Typically, each unit will have between 750 square feet and 1,200 square feet.
This means that if you have four units that are 1,200 square feet each, then your total square footage comes out to 5,600 square feet (1,200 x 4). If you have four units at 750 square feet each then your total square footage comes out to 3,000 square feet (750 x 4).
Once you know how many square feet there are in your property you can look at the average price per square foot for properties like yours in your