Presented by: Stephen DeMatteo

Engineering Technology, Construction

ET- 494 Fall 2014

Advisors: Ed Rode Cris Koutsougeras

Residential Fourplex Design

Cost Analysis

Site Survey

Floor Plan and Elevation Drawings

Deliverables

Comparable #14132 Georgia Ave, Kenner La

Townhome/ 2-Plex 900 sq. ft 2 bed 2 bath

Rent Price = $850 $100/sq ft = $180,000 Yearly income = $20,400

Pay off investment = 9 years

Cost Analysis

Comparable #2 4045 Idaho Dr, Kenner La

4-Plex 1,128 sq. ft 2 bed 2 bath

Rent Price = $900 $100/sq ft = $451,200 Yearly income = $43,200

Pay off investment = 10.5 years

Cost Analysis

Comparable #3 2916 Tennessee St, Kenner La

4-Plex 1,100 sq. ft 2 bed 1 full bath 1 half bath

Rent Price = $850 $100/sq ft = $440,000 Yearly income = $40,800

Pay off investment = 11 years

Cost Analysis

My Complex 4-Plex 912 sq. ft 2 bed 1 full bath

Rent Price = $1000 $100/sq ft = $364,800 Yearly income = $48,000

Pay off investment = 7.5 years

For this project each unit will consist of two bedrooms, one bath, a kitchen, living room, and dining room.

Without going into details of the finishes we can expect each unit to see anywhere between $900 to $1050 per month.

This is considering it is new construction and a highly desirable area.

Assessment

Kenner, LA 70065

37th Street and Connecticut Ave

Lot size: 60’x80’

Total of 4 lots

Projected Site

Survey

1st Floor

2nd Floor

Front Elevation

Right Side Elevation

Left Side Elevation

Back Elevation

February 21st – Finish Foundation Drawings

March 7th – Finish Detailed drawings

March 21st – Finish Electrical Drawings

April 14th – Complete Material Takeoff

April 25th – Finish Construction Schedule

Spring 2014 Semester