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Consider the following rent roll for a 60-unit apartment building. If the average vacancy on similar properties is 6.5%, estimate the property's Effective Gross
Consider the following rent roll for a 60-unit apartment building. If the average vacancy on similar properties is 6.5%, estimate the property's Effective Gross Rent. Avg. Rent/SF Unit Type # of Units Avg SF/Unit (monthly) Studio 15 650 $2.80 1 Bd/1 Ba 35 850 $2.45 2 Bd/2 Ba 10 1,200 $2.15
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Effective Gross Rent EGR considers vacancy rates and reflects the realistic income generated by the ...
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Calculus
Authors: Jon Rogawski, Colin Adams, Robert Franzosa
4th Edition
1319055842, 9781319055844
