Modular buildings offer a wide variety of financial options unavailable with other forms of construction. Below is a sample of the financial flexibility available with modular construction. As you can see, you have various financial arrangements available to create a winning budget formula for your space needs.
OPERATING LEASE OPTIONS
Below is a cost breakdown of a site-constructed building in 2000. This information is provided to assist you in your overall budget planning and comparison with modular construction. The percentages presented are based upon a site-constructed building between 10,000-15,000 square feet in size. Of course, a 5,000 square foot site-constructed building will have different percentages. You should always consider your total project costs when evaluating various construction options.
General construction costs for a site-constructed
(This is where modular construction can save
you money and time! Modular construction would have provided the
same building for around $60 per square foot with the ability to save even
more by using a variety of factory installed finishes. This site-constructed
project required over seven months to complete. Modular construction
would have completed the project in four months.)
General construction costs for site development
Total project costs 100.00% or $139.10 per square foot
You should also include your land cost into your budget evaluation.
For more information, please contact
Modular Building Associates (MBA)