Park built 1950 clay tile sewer line. How much capex should I reserve?

The Park was built in 1950 with all clay tile sewer line. From google search, claytile sewer lasts 60 to 70 years before it needs replacement. So by now it’s at the end of its life already.

How much capex should I reserve ever year?

Any current failures? How big is the park? I’d get a rough estimate from a local contractor and go from there. One recent job in the northeast for me was $50/foot (labor + materials) for a 6” main.

Well have the lines scoped during DD, it is the only way to know the condition.

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