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Joseph and Mary, owners of Hotel Christmas have decided to sell their property. Hotel Christmas is a five - star full - service resort and
Joseph and Mary, owners of Hotel Christmas have decided to sell their property. Hotel Christmas is a fivestar fullservice resort and has a trailing months cash flow of $ A neighboring limitedservice property, The Motel, is valued at $ The market cap rate for fivestar, fullservice properties in this area is Under standard market conditions, approximately how much would the sale price of the Christmas?
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