[Tex17]

Originally Posted by Chris Stritzel

No joke here. The typical cost of an apartment in CWE runs around $3 Per Square Foot a month. So a 400sf studio (for example and speculation) would be $1200 a month.

For One Hundred, lets apply the same logic...

Studio: 35 Units = $42,000 a month overall ($1200 a month per unit estimated)
1 Bedroom: 120 Units = $288,000 a month overall ($2400 a month per unit estimated)
2 Bedroom: 120 Units = $360,000 a month overall ($3000 a month per unit estimated)
3 Bedroom: 30 Units = $108,000 a month overall ($3600 a month per unit estimated)
Total revenue in a month: $798,000 (estimated)
Total revenue in a year: $9,576,000

But I am not including the view rent or what floor rent. Actual units may be smaller than this and cost more but this is just speculation.

Is there actually available demand for that kind of exorbitant pricing?