2018 Maintenance Capital Expenditures ($000’s, except per Unit amount)
Category
2018 Capital Economic Maintenance Value-added Expenditures Useful Life Capital Capital ($000’s) (Years) Allocation Allocation
Building Exterior, Grounds & Parking
$ 25,390
15.0
7%
93% $
1,694
Hallways & Lobbies
$ 3,213
10.0
10%
90% $
321
Elevators
$ 1,262
10.0
10%
90% $
126
Mechanical & Electrical
$ 5,331
10.0
10%
90% $
533
Other – Information Technology
$ 6,509
5.0
20%
80% $
1,302
Site Equipment & Vehicles
$ 2,103
5.0
20%
80% $
421
Total Common Area
$ 43,808
Paint & General
$ 16,159
4.0
25%
75% $
4,040
Flooring
$ 15,917
8.0
13%
88% $
1,990
Cabinets & Counters
$ 9,886
8.0
13%
88% $
1,236
Appliances
$ 6,305
8.0
13%
88% $
788
Suite Mechanical
$ 2,909
4.0
25%
75% $
727
Furniture, Fixtures & Equipment
$
4.0
25%
75% $
240
Total Suites
$ 52,137
Internal Capital Program
$ 28,841
4.0
25%
75% $
7,210
Subtotal
$ 124,786
Corporate Capital Expenditures Total Capital Expenditures
961
$ 20,628
1,136 $ 125,922
2018 Cash Flow from Investing Activities Improvements to Investment Properties Additions to Property, Plant & Equipment
$ 117,914 8,008 $ 125,922
Apartment Units Standardized Maintenance CAPEX Per Unit
33,424
$
620
$
620
BOARDWALK REIT 2020 ANNUAL & ESG REPORT
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