Question
A commercial property has PGI of $1.3 million, expenses of $520,000 and the vacancy is underwritten at 5%. What values would the following parameters suggest
A commercial property has PGI of $1.3 million, expenses of $520,000 and the vacancy is underwritten at 5%. What values would the following parameters suggest for the property. Cap rate= 6.5%. EGI Multiplier=9x and PGI multiplier equals 8.5x.
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Public Finance
Authors: Harvey S Rosen, Ted Gayer
9th International Edition
0071267883, 9780071267885
