Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

3. GRM/GIM Estimates of Appraised Value: Subject Comp. 1 Comp. 2 Comp. 3 V & Crates Units Average Rent 3% 195 $910 3% 190 $915

image text in transcribed

3. GRM/GIM Estimates of Appraised Value: Subject Comp. 1 Comp. 2 Comp. 3 V & Crates Units Average Rent 3% 195 $910 3% 190 $915 3.6% 195 $920 4.1% 205 $925 Selling Price $16,500,000 $15,000,000 $18,200,000 > Calculate either the Gross Rent Multiplier for the Comps: Show the estimated price range from a low value to a high value for the subject property 3. GRM/GIM Estimates of Appraised Value: Subject Comp. 1 Comp. 2 Comp. 3 V & Crates Units Average Rent 3% 195 $910 3% 190 $915 3.6% 195 $920 4.1% 205 $925 Selling Price $16,500,000 $15,000,000 $18,200,000 > Calculate either the Gross Rent Multiplier for the Comps: Show the estimated price range from a low value to a high value for the subject property

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Essentials Of Health Care Finance

Authors: William O. Cleverley, Andrew E. Cameron

6th Edition

0763742368, 978-0763742362

More Books

Students also viewed these Finance questions

Question

Eliminate street slang.

Answered: 1 week ago