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9ƭƷźƒğƷĻ ƚŅ ğƌǒĻ ğƓķ ğǣĻƭ <br />3/24/2021 <br />Centerville Apartment Proposal <br />Units: 103 <br />Style of Building: 4 stories (parking on main level and 3 levels of units above) <br />Quality of Building: Good Quality Market Rate <br />Est Land Use: 5.3 acres Total 3.4 Usable <br />Est of Value per unit: $160,000 <br />Est Total Value: $16,500,000 <br />Classification Rate: (Apartment) 1.25% <br />Est of Taxes: $287,700 <br /> <br />Generic Commercial Alternative <br />Est Building Size: 30,000 square feet (low land to bldg. ratio base on usable <br />ground) <br />Style of Building: 1 story commercial <br />Quality of Building: Average <br />Est Land Use: 5.3 Acres Total 3.4 Usable <br />Est Value per square foot: $118 <br />Est Total Value: $3,540,000 <br />Classification Rate: (Commercial) 1.5% on first $150,000 then 2% above $150,000 <br />Est of Taxes: $122,000 <br /> <br /> <br /> <br /> <br />