A 32-unit apartment building in Falls Church, Virginia is expected to appreciate in value at a rate
Fantastic news! We've Found the answer you've been seeking!
Question:
- A 32-unit apartment building in Falls Church, Virginia is expected to appreciate in value at a rate of 10% per year. If the owner borrows at an LTV of 80% interest-only and the property's NOI exactly covers the monthly mortgage payments, what would be the expected annual appreciation rate on invested equity?
Posted Date: