987 Interior Space, Multiple Residence (Low Rise)

This occupancy, together with occupancy 587 (Shell, Multiple Residence), allows you to individually price the shell and the tenant improvement costs for a multiple residence (in separate sections of the report). This provides an alternative to occupancy 352 (Multiple Residence), which includes both the shell and tenant improvement costs.

The lower qualities typically have low-cost partitions, floor covers, minimal cabinetry, open kitchen offset and one bath or a bath and one-half for each unit, regardless of the number of bedrooms. The better qualities have plaster, paneling, good detailing in molding and trim, high cost floor finishes, and full kitchen and dining rooms. Some of the special refinements found in the better qualities include intercoms, television jacks and antennas, and at least one bath per bedroom.

The following are not included in the costs: Fireplaces, built-in appliances and furnishings.

Availability of Elevators by Area for this occupancy: No

Marshall Valuation Service sections: 12 and 42.

Occupancy Availability: Commercial Estimator only.

Typical Lives:

 

 

 

 

 

Class

 

 

 

 

Quality

A

B

C

D

H

M

P

S

W

Low

--

--

50

45

--

--

--

45

--

Average

--

--

55

50

--

--

--

50

--

Good

--

--

55

50

--

--

--

50

--

Excellent

--

--

60

55

--

--

--

55

--

Quality Selection Guide:

In addition to being an aid in selecting a building’s quality, the following indicates what is included in the interior space cost. Note that 100% of the HVAC costs have been included in this occupancy. If you allocated a prorated amount of the HVAC back to the shell cost, you should remove it from this interior space cost by selecting the appropriate HVAC component and entering an appropriate percentage of the total floor area (typically 80% to 90%). For example, if you included 15% of the HVAC cost in the shell, you should enter 85% for the HVAC component in this occupancy.

All Classes

Quality

Interior Finish

Lighting & Plumbing

HVAC

Low

Low-cost partitions, paint, low-cost carpet, asphalt tile, minimal counters and shelving, open kitchen offset

Minimum lighting/plumbing per code

Wall furnace

Fair

Low-cost partitions, paint, vinyl composition, low-cost carpet, minimal counters and shelving, open kitchen offset

Adequate standard lighting and plumbing per good codes

Electric baseboard

Average

Average drywall, vinyl composition, carpet, adequate shelving, counters, small dining area and kitchen, adequate bedrooms and bath

Adequate lighting/plumbing, phone and TV jacks

Forced air

Good

Plaster or drywall, good partitions, paneling, carpet, tile or vinyl, good room sizes, some good cabinetry and shelving

Good lighting, one bath per bedroom, TV jacks

Package AC

Excellent

High-cost partitions and wall and floor finishes, large dining area, kitchen, good master bedroom and bath, good cabinetry, closets, some extras

Good fixtures, many outlets, some extras, TV jacks

Warm and cool air