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An investment group acquires a retail property in Dallas, Texas for $ 2 , 5 0 0 , 0 0 0 . They project that
An investment group acquires a retail property in Dallas, Texas for $ They project that the net operating income will be $ initially and will appreciate at a conservative annual rate of per year. The investment group expects an initial cap rate of They believe that a cap rate of is realistic after years. If the investor plans to sell the property at the end of years, what value should the investment company expect to sell the property at that time?
An investment group acquires a retail property in Dallas, Texas for $ They project that the net operating income will be $ initially and will appreciate at a conservative annual rate of per year. The investment group expects an initial cap rate of They believe that a cap rate of is realistic after years.
If the investor plans to sell the property at the end of years, what value should the investment company expect to sell the property at that time?
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