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Property Facts: 100 apartment homes Average Rent is $1200 per month Vacancy is 7% Operating Expenses are 30% a.What is the annual NOI ? b.The

Property Facts: 100 apartment homes Average Rent is $1200 per month Vacancy is 7% Operating Expenses are 30% a.What is the annual NOI ? b.The property sold at a 5% cap rate, what was the sales price ?

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