Condo Q&A

How much should property manager cost condo association?

Written by stephen polinsky | Thu, Dec 16, 2010 @ 01:24 PM

Input on property management company costs: I'm the Board President for a 24 unit condo association in NJ. Our total "livable" square footage is about 45,000. We have an outdoor, seasonally used pool, a small clubhouse and are built around a small, 36 slip, no services marina. Dues are billed quarterly and we have 2 annual meetings per year. Any input on what a management company would charge us for overall services would be appreciated.