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Intro Downtown Capital LP is a real estate investment company that is interested in acquiring an office building the target building). A similar office building
Intro Downtown Capital LP is a real estate investment company that is interested in acquiring an office building the target building). A similar office building in the same are the comp building recently sold for $61,000,000: Target building Comp bullding 61,000,000 61,000 3.638,000 854,000 Value 15 Square foot Annual rent (51 Annual maintenance cost (5) 45.000 3,015.000 900.000 Attempt 23 for 9.5 pts Part 1 What is a value of the target building based on a multiple of net operating income fin $17 D+ decimals Submit Part 2 Attempt 2/3 for 9.5 pts What is the rental capitalization rate for the comp building? 3+ decimals Submit Part 3 Attempt 2/3 for 9.5 pts What is the value of the target building in $y? D+ decimals Submit
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