I have a park under contract with extremely high water bills. 67% of gross income goes to water/sewer . Located 30 miles to Indianapolis in a city with 10% unemployment in IN . Good demand for low income housing. 55 lot. 30 occupied. lot rent is 255/ month. Public Water/sewer. Water consumption is 16,000 gallon/lot per month. Park is built in 1950s and have galvanized lines. 2 meters in the park no sub metering or billing back exists.
The data suggests that there is serious leak in water lines besides tenants high water consumption.
Plan 1. is to sub meter and bill back. also repair all ( the toilets, faucet leaks at trailers) that will be $300 to $500 per lot. = $15,000.
Plan 2. change water lines.
Q1. Can you evaluate extend of water line repairs needed by looking at water bill consumption?
Q2: How much would it cost to replace water lines per pad in IN. I heard it can cost as much as $4,000/lot.
Q3: Ways to spread of cost of repairs over the years?
Q4: Is it OK to do the repairs in the middle of the winter?
Any input on water line repairs will be much appreciated.