Given the following information, calculate the developer’s g…
Given the following information, calculate the developer’s gain in whole dollars. 125 unit apartment complex $ 1,600 Monthly rent 5% vacancy rate 35% opex as % of EGI 6.25% market cap rate 1,300,000 land acquisition & site improvement cost 14,250,000 construction cost 5% construction contingency 2,100,000 soft costs
Read DetailsIf your development project is 425 units and the total suppl…
If your development project is 425 units and the total supply of available units to lease in the market is 5,000 units with demand projected to be 210 units per month, how long will it take your development to fully lease your units? (round the number up to the next highest whole number)
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