multi family construction
Your Full-Service General Contracting & Construction Solution
Apartment building construction, multi-family residential construction, multi-unit townhouse construction, single family infill construction, senior living construction and more.
A Seasoned, Experienced, and Turn-key Construction Solution
Rockford Construction operates as a full service General Contractor and Construction Solution throughout the Ohio region. With extensive experience in multi-family construction and apartment construction, we have completed over 60 projects exceeding 4,500 units for our customers.
Though multi family construction and apartment construction tends to be our core business, our general contracting expertise extends well beyond into condominiums, commercial construction, tenant improvements, and the conversion and rehab of downtown office buildings. As a result of our flexibility, Rockford Construction has completed well over $250 million in general contracting work for our customers throughout Ohio.
Build Homes. Connect People. Nurture Communities.
By building a multi-family property, you are not just providing a place for someone to live, but you are fostering a lifestyle by connecting people and creating a community. One of the biggest perks of multi-family living are residents entering a built-in community. You have the ability to nurture an environment for people to thrive and grow in a community you build.
Family owned and operated, Rockford Construction is a subsidiary of Rockford Homes based in Central Ohio. Founded in 1982, Rockford Homes builds over 30 different single-family home and condo floorplans throughout dozens of communities in and around Central Ohio.
Rockford Construction always has several current and upcoming projects underway. Here you can always see the progress of our current projects and for trades looking to bid on work, follow the link below to see what is available.
Rockford Construction is a versatile general contractor and construction solution for a wide range of construction project types. From apartment building construction to single family homes, chances are we have the construction solution for you. Click the link below to see some of our work.
Benefits of Owning a Multi-Family Unit Property
Due to the nature of multi-family housing, units are grouped together resulting in significantly less maintenance costs per unit. Multi-family properties have the advantage of sharing many structural and management aspects such as walls, HVAC equipment, and landscaping services. This streamlines any construction, renovation and maintenance projects that may occur over time.
Steady Cash Flow
Owning a multi-family home provides a consistent source of passive income every month. With lower average rental costs, it’s easier to manage and fill units over traditional single-family units. This results in higher average occupancy and revenue.
Multi-family rental properties such as apartments or assisted living communities are just like businesses to the IRS. This allows you to benefit from tax deductions, and special housing tax benefits over other investments.
Market Ready Investment
By constructing a multi-family property from the ground up, you have the opportunity to include attractive amenities from the start. This gives you an advantage over your competition that is only renovating older investment properties.
Frequently Asked Questions
What is multi-family construction?
A multi-family construction project is as simple as it sounds: it’s a dwelling with several tenantable units grouped together. More than one family can live in the same overlying structure, but each family has their own living space, including bathroom, kitchen, common areas, and many other amenities. Many multi-family homes appear to be independent, separate houses or apartments from the outside, which appeals to many residents. Examples of multi family homes include apartments, condos, duplexes, etc.
How do I get started constructing a multi-family construction project?
The first step is to get in touch with a multi-family construction developer like Rockford Construction. Experienced developers will work through your project scope and outline the best course of action.
What is some advice to consider when budgeting?
When working on a budget, prioritize, prioritize, prioritize! It is important to remember what is most important to you because it is very easy to get wrapped up in the excitement and go over budget. Make a prioritized list of all the “must-have” features and amenities, then outline how much you are willing to pay for each. Value engineering will come into play when your budget becomes stretched.
Are multi-family construction projects fully customizable?
Yes. One of the advantages of building a multi-family construction project over purchasing a renovation project is it gives you the opportunity to pick the most up-to-date plans, furnishings and amenities to attract the top tier renters and buyers.
What areas do we serve?
We complete construction projects all over Ohio. We are located in greater Columbus, but we build multi-family construction projects anywhere in the state of Ohio.
How long does a multi-family project usually take?
The duration of a construction project is tied to the scope of a project. A safe answer would be anywhere from 9 months to 4 years. The factors that go into the duration of the project are:
- Number of units being built
- Availability of materials
- Condition of the land
How much does a multi-family construction project cost?
All construction projects have different costs. Below are some guidelines for multi-family construction.
Land Cost (10-20%)
As one can imagine, purchasing land in rural areas is cheaper compared to urban infill areas. Many factors come into play, and this cost may include demolition and clearing, if needed.
Hard Cost (50-70%)
The hard cost of multi-family construction includes the expenses for physically building the multi-family home, including building materials, labor, engineering, etc.
Soft Cost (20-30%)
This cost covers the expenses that go into the work behind the scenes, such as legal fees, permit fees, zoning, interior design, and other similar expenditures.