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initial down payment will be 1,500,000 Property Description Identify and describe an income-producing property that you would be able to purchase with a $2,500,000 down
initial down payment will be 1,500,000
Property Description Identify and describe an income-producing property that you would be able to purchase with a $2,500,000 down payment. You are expected to hold this investment for eight years. You may use the entire $2.5M but do not have to. (However, a certain percentage of the property must be financed. That is, you can not buy the property with 100% cash). Please show through excel if possible! thanks for the help!
PROPERTY FACTS SaleTypePropertyTypePropertySubtypeBuildingSizeBuildingClassYearBuilt/RenovatedPricePricePerSFCapRateNOIPercentLeasedTenancyBuildingHeightTypicalFloorSizeBuildingFARLandAcresZoningParkingInvestmentOfficeMedical6,000SFB1999/2018$2,900,000$4833.89%$112,822100%Multiple1Story6,000SF0.052.53ACAO110Spaces(18.33Spacesper1,000SFLeased) PROPERTY FACTS SaleTypePropertyTypePropertySubtypeBuildingSizeBuildingClassYearBuilt/RenovatedPricePricePerSFCapRateNOIPercentLeasedTenancyBuildingHeightTypicalFloorSizeBuildingFARLandAcresZoningParkingInvestmentOfficeMedical6,000SFB1999/2018$2,900,000$4833.89%$112,822100%Multiple1Story6,000SF0.052.53ACAO110Spaces(18.33Spacesper1,000SFLeased)Step by Step Solution
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