06-02-2021, 08:54 PM
(06-02-2021, 07:26 PM)jeffster Wrote: Can't tell you exactly the cost of an elevator off hand, but my friend does work for Delta and installs elevators for a living. They're closer to $100K just for a very basic elevator (2 floors + extra for each floor). The $50K you mention is for a home elevator, not commercial.
Elevators also require regular maintenance, so it all adds to the cost. Not to mention service calls. So when we're discussing the types of units that are not longer being build, say, a small 14-unit apartment (2 basement units, plus facilities, and 4 per floor). Elevator (4 floors) might cost around $150K, or $11,000 per unit. Yearly maintenance might be amount to $200/unit minimum, assuming no service calls.
Home elevators are something like $10-20K. A three-floor elevator might be around $50K. Taller buildings need a much more expensive one. But, while I don't have a price list handy, I do think your $150K estimate for a four-floor elevator is very high. But suppose we split the difference and call it $100K. Make the building footprint a bit bigger, for 22 units (4+3x6) and now the elevator cost is only about $5000/unit, maybe 5% of the cost.
Elevator maintenance is probably $4000-5000/year for a smallish elevator. Once again, it's more reasonable if you increase the number of units somewhat.