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A commercial complex in Hawally with 67 shops each rented for 380 KD per month. Hawally cap rate is 7.8%. 9 shops are vacant. The
A commercial complex in Hawally with 67 shops each rented for 380 KD per month. Hawally cap rate is 7.8%. 9 shops are vacant. The monthly OPEX is 5600 KD/month
a) Calculate the Complex NOI and show calculations( 2points)
b) Calculate the Complex fair value.
c) If the owner is asking KD 3 million for the property, is the property overvalued or undervalued? would you buy?
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