real estate apprasial, person who completes will recive $50 via p a y p a l. done on excel!

$ 5 5 14 40 Max Verstappen own.3513 West Service Road Caburhan office building in Burlington, Ontario Situated on 19 acres of land. 1518 West Senice Road is a four-story multi tenant building constructed in buildings. The cos to upgrade the technology capabilities is $175,000. The average cost to building this 1917, and whatially in 2015. The building contains and table of 6,030 ful space new is $225 SF and well-based Uccupancy. The property has an aluminum red curtain wall system incorporating a blue glass exterior with international teams, sirage and interior office space with floor Transaction summaries for six comparable properties located within the subject's market are included on to ceiling window. The water of 21.000 forint there are 2 surface parting the next page. The office market has continued to remain resilient and demonstrates strong stable growth all wailable (40 per 1000 SF On average.prices have been increasing with 0.3% a month over the past 24 months, Market analysis Tony Summary indicates that the adjustments for additional space are $200 per square foot of building space and 1.200.000 Area Contractual Rent Rent Step per acte of land. Each additional year of age is estimated to decrease value by 16 Tenant SEPSE Annual Additional Rent On To Assume it is October 1, 2021, and Mr. Verstappen has roquested an appraisal of the current market value SOC 20.374 $17.50 $496.545 S 14.50 Oct 22 $10.50 of the building. Using the provided information, complete the following McDonald 8.917 $ 1700 $ 151,5895 14.30 0.23 $10.00 Bayer Canada 7.502 5 17.75 $133.161 5 14.30 1. Complete an Income Approach to value, using both Direct Capitalization and DCE techniques Marcus & Milichap 54695 1625 $774 14.50 -24 $ 1750 Assume a five-year holding period for your analysis, and a 1.75% cost of sales Ellison Corporation 4.800 $ 16.50 $ 79200 $ 14.75 b. Determine an appropriate capitalization rate from the comparables provided. Make sure to Tees Total 58056 1724 99.268 14:46 substantiate your capitalization rate selection process. Assume a 0.5% risk increase in your Omer 22.614 $ 1760 5305.00 discount rate, and a further 0.5% increase in your terminal cap rate over your going-in cap Ocupied To (14) 77.6705 17.35 51.37.275 1444 rate 2.300 2. Complete a Cour Approach to value Building Total (16) 16.090 5 17.35 $1.347.276 3. Complete a Sales Comparison Approach to value utilizing comparable sales data provided As per the above overview the lens in the building may natage 51735 per square foot in rent and an Compare the properties on a Sales Price/SF basis. Acume all comparable properties are located experimbursements of S14 44 per square foot. The current in the building are all tom. und within the subject's immediate market Ice expiries do not affect the projection period. Rent par gotiated in some of them of the 2. Select the comparables upon which to be your analysis and defend why these major fans in the building all the rental income will increally Operating expenses and comparables were selected for why the others were discarded) real estate and for the building a $700 a $3.0 por quare foot, respectively. Maritimation 4. Based on your analyses, reconcile the approaches to value and provide an estimate of the October indicates that operating expet will increase annually will their reimbursement that the 1,2021 market value Management Fee for this type of acts of Gil, and that an appropriate replacement reserve it 50 prefoot. The vacancy rate in the market is 7, and the current market for similar space is $11.75 You can per square foot Reimburse income for at space should be med 10 be equal to the current average rate in the building at $14.4 per square foot 2010 Meth0.00 225 WRF Siste 221-0.00 123 6. The building was purchased for $18,000,000 in September 2013, and the purchase was financed that time Create with a mortgage of $12,000,000 ametired over 25 year of compounded sommy. At 2010.01 Site 2.000.000 Fem the time of purchase, approximately of the fair market value was tocated with the land, and the land 29 130 x 3.0 11 valse has remained the same since that time 2016.10.00 61.00 5251 Anu Because of the renovation completed on the building the effective age is estimated to be 6 years, and the weape life for this type of property is assumed to be 75 years. The only deferred maintenance is a S450,000 FS Parte roof repair However, in these of the property, the IT capacity is not competitive with newer Built 41 Owner 29 33 BE po $ 5 5 14 40 Max Verstappen own.3513 West Service Road Caburhan office building in Burlington, Ontario Situated on 19 acres of land. 1518 West Senice Road is a four-story multi tenant building constructed in buildings. The cos to upgrade the technology capabilities is $175,000. The average cost to building this 1917, and whatially in 2015. The building contains and table of 6,030 ful space new is $225 SF and well-based Uccupancy. The property has an aluminum red curtain wall system incorporating a blue glass exterior with international teams, sirage and interior office space with floor Transaction summaries for six comparable properties located within the subject's market are included on to ceiling window. The water of 21.000 forint there are 2 surface parting the next page. The office market has continued to remain resilient and demonstrates strong stable growth all wailable (40 per 1000 SF On average.prices have been increasing with 0.3% a month over the past 24 months, Market analysis Tony Summary indicates that the adjustments for additional space are $200 per square foot of building space and 1.200.000 Area Contractual Rent Rent Step per acte of land. Each additional year of age is estimated to decrease value by 16 Tenant SEPSE Annual Additional Rent On To Assume it is October 1, 2021, and Mr. Verstappen has roquested an appraisal of the current market value SOC 20.374 $17.50 $496.545 S 14.50 Oct 22 $10.50 of the building. Using the provided information, complete the following McDonald 8.917 $ 1700 $ 151,5895 14.30 0.23 $10.00 Bayer Canada 7.502 5 17.75 $133.161 5 14.30 1. Complete an Income Approach to value, using both Direct Capitalization and DCE techniques Marcus & Milichap 54695 1625 $774 14.50 -24 $ 1750 Assume a five-year holding period for your analysis, and a 1.75% cost of sales Ellison Corporation 4.800 $ 16.50 $ 79200 $ 14.75 b. Determine an appropriate capitalization rate from the comparables provided. Make sure to Tees Total 58056 1724 99.268 14:46 substantiate your capitalization rate selection process. Assume a 0.5% risk increase in your Omer 22.614 $ 1760 5305.00 discount rate, and a further 0.5% increase in your terminal cap rate over your going-in cap Ocupied To (14) 77.6705 17.35 51.37.275 1444 rate 2.300 2. Complete a Cour Approach to value Building Total (16) 16.090 5 17.35 $1.347.276 3. Complete a Sales Comparison Approach to value utilizing comparable sales data provided As per the above overview the lens in the building may natage 51735 per square foot in rent and an Compare the properties on a Sales Price/SF basis. Acume all comparable properties are located experimbursements of S14 44 per square foot. The current in the building are all tom. und within the subject's immediate market Ice expiries do not affect the projection period. Rent par gotiated in some of them of the 2. Select the comparables upon which to be your analysis and defend why these major fans in the building all the rental income will increally Operating expenses and comparables were selected for why the others were discarded) real estate and for the building a $700 a $3.0 por quare foot, respectively. Maritimation 4. Based on your analyses, reconcile the approaches to value and provide an estimate of the October indicates that operating expet will increase annually will their reimbursement that the 1,2021 market value Management Fee for this type of acts of Gil, and that an appropriate replacement reserve it 50 prefoot. The vacancy rate in the market is 7, and the current market for similar space is $11.75 You can per square foot Reimburse income for at space should be med 10 be equal to the current average rate in the building at $14.4 per square foot 2010 Meth0.00 225 WRF Siste 221-0.00 123 6. The building was purchased for $18,000,000 in September 2013, and the purchase was financed that time Create with a mortgage of $12,000,000 ametired over 25 year of compounded sommy. At 2010.01 Site 2.000.000 Fem the time of purchase, approximately of the fair market value was tocated with the land, and the land 29 130 x 3.0 11 valse has remained the same since that time 2016.10.00 61.00 5251 Anu Because of the renovation completed on the building the effective age is estimated to be 6 years, and the weape life for this type of property is assumed to be 75 years. The only deferred maintenance is a S450,000 FS Parte roof repair However, in these of the property, the IT capacity is not competitive with newer Built 41 Owner 29 33 BE po