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11) If an investor purchased a 100% leased 394,600 SF office building for $117,300,500, and the asset had average annual net rents of $24.43 SF
11) If an investor purchased a 100% leased 394,600 SF office building for $117,300,500, and the asset had average annual net rents of $24.43 SF and their going in cap rate was 6.4%, what was the assets monthly operating expenses? a. $2,132,846 b. $7,507,232 c. $9,640,078 d. $117,737.17
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