This occupancy, together with occupancy 777 (Shell, Luxury Apartment), allows you to individually price the shell and the tenant improvement costs for an apartment (in separate sections of the report). This provides an alternative to occupancy 984 Luxury Apartment (High Rise), which includes both the shell and tenant improvement costs.
These interiors 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 include master antennas, and more than one bath per bedroom at the better qualities.
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: 11 and 41.
Occupancy Availability: Commercial Estimator only.
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|
|
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Class |
|
|
|
Quality |
A |
B |
C |
D |
S |
|
Low |
60 |
60 |
55 |
50 |
-- |
|
Average |
60 |
60 |
55 |
50 |
-- |
|
Good |
60 |
60 |
55 |
50 |
-- |
|
Excellent |
60 |
60 |
55 |
50 |
-- |
In addition to being an aid in selecting a building’s rank, 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 75% to 85%). For example, if you included 20% of the HVAC cost in the shell, you should enter 80% for the HVAC component in this occupancy.
Class A (Fireproof Structural Steel Frame) and Class B (Reinforced Concrete Frame):
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Quality |
Interior Finish |
Lighting & Plumbing |
HVAC |
|
Average |
Good interior detail, carpet, ceramic tile, some vinyl and fine hardwood |
Master antennas, fine fixtures, one full bath per bedroom |
Hot and chilled water (zoned) |
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Good |
Finest interior detail, hardwoods, ceramic, custom carpet, built-ins |
Master antennas, fine fixtures, more than one bath per bedroom |
Hot and chilled water (zoned) |
Class C (Masonry Bearing Walls), Class D (Wood or Steel Framed Exterior Walls), and Class S (Metal Frame and Walls):
|
Quality |
Interior Finish |
Lighting & Plumbing |
HVAC |
|
Average |
Average drywall, vinyl composition, carpet, adequate shelving, counters, small dining area and kitchen, adequate bedrooms and bath |
Average fixtures and circuits, one bath per unit |
Warm and cool air (zoned) |
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Good |
Plaster or drywall, good partitions, paneling, carpet, tile or vinyl, good room sizes, some good cabinetry and shelving |
Good fixtures, many outlets, over one bath per unit |
Warm and cool air (zoned) |
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Excellent |
High-cost partitions and wall and floor finishes, formal dining area, kitchen, good master bedroom and bath, good cabinetry, closets, some extras |
TV and phone jacks, good fixtures, one bath per bedroom |
Hot and chilled water (zoned) |