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An investor is considering the purchase of an office building for $3 million. The 20,000 square foot property rents for $22 a foot with
An investor is considering the purchase of an office building for $3 million. The 20,000 square foot property rents for $22 a foot with a 5% vacancy rate, and operating expenses at 30% of EGI. What is the cap rate? 8.23% 9.75% 8.91% O 10.64% 9.57%
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International Accounting
Authors: Frederick D. Choi, Gary K. Meek
7th Edition
978-0136111474, 0136111475
