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Question 3: the recent sale of a Class A office building with a stabilized Net Operating Income (NOI) of $1,000,000, and a sale price
Question 3: the recent sale of a Class A office building with a stabilized Net Operating Income (NOI) of $1,000,000, and a sale price of $17,000,000. The agency's commission was $340,0000. What is the Cap Rate of the building? Solution:
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Valuation The Art and Science of Corporate Investment Decisions
Authors: Sheridan Titman, John D. Martin
3rd edition
133479528, 978-0133479522
