Question
The subject property is a 15,000 square foot strip shopping center located in Nassau County. The net operating income before debt service is $100,000. Using
The subject property is a 15,000 square foot strip shopping center located in Nassau County. The net operating income before debt service is $100,000. Using a CAP rate of 9.75% with a loan value of 70%.
What is the value of the property?
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Multinational financial management
Authors: Alan c. Shapiro
10th edition
9781118801161, 1118572386, 1118801164, 978-1118572382
