Apartment Unit Turn Price Sheet
A line-item price sheet for turning an apartment unit between tenants. Pick the turn tier, price each make-ready line, note who pays for it, add the rent lost while the unit sits empty, and get the owner to approve the scope before work starts.
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What’s in this template
Apartment Unit Turn Price Sheet
Template notice. This sheet holds no prices: every amount is for you to fill in from your own bids and rates. Who pays for each line, and how a security deposit may be used, vary by state. Check your state's landlord-tenant rules before charging anything to a deposit.
1. Unit
- Prepared by: Prepared By
- Contact: Phone or Email
- Owner or asset manager: Owner or Asset Manager
- Property: Property
- Unit: Unit Address or Number
- Unit size: Unit Size
- Move-out date: Move-Out Date
- Target rent-ready date: Target Rent-Ready Date
- Monthly rent: Monthly Rent for This Unit
2. Turn Tier
Sort the unit at the walk-through. Light: a good tenant left it clean, so touch-up paint, a full make-ready clean and a short punch list. Standard: a full repaint of high-traffic rooms, real repairs and a flooring decision in one or two rooms. Heavy: flooring throughout, wall repairs, appliance swaps and a trash-out before the trades can start.
Tier for this unit: Turn Tier
3. Make-Ready Lines
Price each line you are doing. Write "owner" or "tenant" in the last column to record who pays, and tie any tenant line to a move-out photo number.
| Line | Scope or notes | Price | Who pays | Photo no. |
|---|---|---|---|---|
| Trash-out and haul-away | ||||
| Make-ready cleaning (full unit) | ||||
| Interior paint | ||||
| Punch-list repairs | ||||
| Carpet clean | ||||
| Flooring work | ||||
| Re-key or lock change | ||||
5 blank rows on the printed form
4. Make-Ready Total and Lost Rent
| Make-ready total (add the Price column) | |
| Rent per day (monthly rent x 12 / 365) | |
| Days from move-out to rent-ready | |
| Lost rent while the unit is empty (rent per day x days) | |
| Make-ready total plus lost rent |
5. What This Price Does Not Include
Not Included in This Price
Any work added after this sheet is approved will be quoted as a change order before it starts.
6. Approval
Owner or Asset Manager approves the make-ready lines and prices above for the unit named in section 1, and Prepared By will start on that basis.
Owner or asset manager (approves the scope and prices) signature line
Prepared by signature line
Unit turn price sheet questions, answered
What is a unit turn price sheet?
A one-page list of every line in a turn (trash-out, cleaning, paint, repairs, flooring, re-key) with a price next to each, so the owner or asset manager can approve the scope before the crew starts. It replaces a lump-sum "make-ready" number that gets argued later.
What lines go on a unit turn price sheet?
The usual ones are trash-out and haul-away, a full make-ready clean, interior paint, punch-list repairs, carpet clean, flooring work and a re-key. This sheet has a row for each, plus blank rows for anything the walk-through turns up.
Why does the sheet have a row for lost rent?
Because the days a unit sits empty are a cost of the turn even though they never appear on a make-ready invoice. Divide the monthly rent by 30 for a rough daily figure, or use monthly rent times 12 divided by 365, then multiply by the days from move-out to rent-ready.
Who pays for each line, the owner or the tenant?
Ordinary wear is generally the owner's cost, and damage beyond normal wear may be charged to the tenant's security deposit. Where that line falls, and the deposit deduction and return rules, vary by state, so check your state's landlord-tenant rules. The sheet has a column to record the decision for each line.
Do I need an account to use this form?
No. Download the blank sheet and print it, or fill in the unit details online and download a PDF. Neither needs an account.
Related
Send the turn scope for approval the day you walk the unit
In EosLog you can build the turn as an itemized quote, send it to the owner to approve online, and turn the approved scope into work orders for your crew.