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An office building situated on a 1-acre parcel of land has an expected gross income of $106,000 per year with a vacancy rate of 7.5
An office building situated on a 1-acre parcel of land has an expected gross income of $106,000 per year with a vacancy rate of 7.5 percent. What is the value of the property and improvements assuming a gross income multiplier of 6.5? If the land area is worth $45,000 what is the value of the building?
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Spreadsheet Modeling And Decision Analysis A Practical Introduction To Business Analytics
Authors: Cliff Ragsdale
7th Edition
1285418689, 978-1285969701, 1285969707, 978-1285418681
