Ground-Up Redev Multi-Family Template
Does anybody have a ground-up redevelopment model for apartment rentals that's preferably entirely excel based (no Argus data dump sheets)? I was asked to build one with no multi-family experience, so anything would help!
When you mean redevelopment, do you mean an apartment complex that is partially completed? Does it have income already? Is this a total redevelopment, or will operation continue throughout the construction period. If you could provide any insight on the assumptions and metrics, that would be very helpful.
I mean a vacant plot of land that my firm wants to develop into an apartment complex, refinance, and eventually sell. I used the word redevelopment because there's a non-operational structure on the land that we'd have to demo, so that was my bad.
Understood. Can help you out here later in the week if you'd like. Shoot me a PM.
www.adventuresincre.com has everything you will need for this.
You will never use Argus for multifamily. I discussed how to build a development model on here awhile back.
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