Cost Breakdown for 24-Unit Apartment Project

Jul 8, 2024

Cost Breakdown for 24-Unit Apartment Project

Total Cost

  • Total Cost: US $4,226,000

Breakdown by Category

Land and Planning

  • Land Cost: $200,000
  • Plans Cost: $119,000

Utilities and Site Work

  • Water, Power, and Sewer Upgrade: $15,300
  • Excavation and Site Work: $311,000

Building Costs

  • Framing: $450,000
  • Siding: $230,000
  • Windows: $60,000
  • Exterior Doors: $445,000
  • Roof: $39,800
  • Paving: $46,000
  • Landscaping: $13,500

Systems and Interior

  • HVAC: $93,000
  • Interior and Exterior Paint: $18,000
  • Plumbing: $318,000
  • Electrical: $36,000
  • Sprinklers and Alarm System: $77,000
  • Insulation: $39,000
  • Drywall: $279,000

Fixtures and Finishes

  • Cabinets: $77,000
  • Countertops: $80,000
  • Appliances: $73,000

Miscellaneous

  • Miscellaneous Items: $800,000

Project Details

  • Total Area: 20,400 sq. ft.
  • Units: 24

Summary

This document provides a comprehensive cost breakdown of the 24-unit apartment project, covering land acquisition, planning, utility upgrades, site work, building construction, interior systems, and fixtures. The total cost amounts to $4,226,000, spread across various categories as listed above.