Assume a warehouse building contains 600,000sf and there are two tenants. A has 350,000sf and rents...
Assume a warehouse building contains 600,000sf and there are two tenants. A has 350,000sf and rents for $3.00psf. B has 250,000 and rents the space for $4.50psf. Assuming a vacancy of 5% on total rent, what is the effective gross income?
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Assume a warehouse building contains 600,000sf and there are two
tenants. A has 350,000sf and rents...
Office building, 3 stories, 3000 square feet (sf) gross interior floor space each, 2 tenants per...
Office building, 3 stories, 3000 square feet (sf) gross interior floor space each, 2 tenants per floor, 1350 sf of the building is used for hallways, common bathrooms, stairs, elevator, and lobby. Owner wants a gross rent of $135,000 per year. A. What is the rent that the Owner should charge per square foot? If Tenant Z rents 1200 sf of usable area, what will be his monthly rent? B. If the building has an operating expense ratio of 28%...
Assume an apartment building contains 120 units. 50% are one-bedrooms that rent for $1000/month and 50%...
Assume an apartment building contains 120 units. 50% are one-bedrooms that rent for $1000/month and 50% are two-bedrooms that rent for $1,500 per month. Vacancy is 10% of total income. What is the effective gross income?
Assume an apartment building contains 120 units. 60% are one-bedrooms that rent for $1000/month and 40%...
Assume an apartment building contains 120 units. 60% are one-bedrooms that rent for $1000/month and 40% are two-bedrooms that rent for $1,500 per month. Vacancy is 10% of total income. What is the effective gross income?
Assume an office building is 80,000 square feet and has two tenants-A for 60,000sf and B...
Assume an office building is 80,000 square feet and has two tenants-A for 60,000sf and B for 20,000sf. A’s base rent is $16.00psf and B’s base rent is $18.00psf. Assume further that the building generates parking income of $200,000 and signage income of $25,000 per year. Operating expenses for the entire building are $9.00psf. What is the Net Operating Income (NOI)?
Assume an office building is 80,000 square feet and has two tenants-A for 50,000sf and B...
Assume an office building is 80,000 square feet and has two tenants-A for 50,000sf and B for 30,000sf. A’s base rent is $16.00psf and B’s base rent is $18.00psf. Assume further that the building generates parking income of $150,000 and signage income of $25,000 per year. Operating expenses for the entire building are $8.00psf. What is the Net Operating Income (NOI)?
Assume an office building is 80,000 square feet and has two tenants-A for 60,000sf and B...
Assume an office building is 80,000 square feet and has two tenants-A for 60,000sf and B for 20,000sf. A’s base rent is $16.00psf and B’s base rent is $18.00psf. Assume further that the building generates parking income of $200,000 and signage income of $25,000 per year. Operating expenses for the entire building are $9.00psf. What is the Net Operating Income (NOI)? Group of answer choices $875,000 $775,000 $825,000 $925,000
You want to purchase an office building in Brooklyn. The property contains 27,500 square feet of...
You want to purchase an office building in Brooklyn. The property contains 27,500 square feet of rentable space and is currently occupied by multiple tenants each with differing maturities on their respective leases. No lease is currently shorter than 1 year. The annual rent in the 1st year of ownership is $42.50/sq ft. The vacancy rate is 6.5%. You expect to incur collection losses (from tenant default)on 1.5% of the square feet during your first year. 1. What is the...
XYZ partnership owns a building that it maintains and rents to business tenants . XYZ’s adjusted...
XYZ partnership owns a building that it maintains and rents to business tenants . XYZ’s adjusted basis is $250,000. The building is condemned to make way for a major airport expansion and XYZ gets a condemnation award of $500,000 . Because of the date the building was placed in service and the fact that XYZ always took straight-line depreciation, there is no depreciation recapture on the transaction . XYZ has no other section 1231 transactions for the year. Which is...
Question 9 10pts A 22,000 square foot building sold for $2.6 million. The property rents for $20 a foot with a 3% a...
Question 9 10pts A 22,000 square foot building sold for $2.6 million. The property rents for $20 a foot with a 3% annual rent increase, 5% vacancy rate, and operating expenses at 32 % of EGI. What is the gross rent multiplier? O 5.42 5.91 O 6.95 O 6.12 5.78 Question 10 Air
Question 9 10pts A 22,000 square foot building sold for $2.6 million. The property rents for $20 a foot with a 3% annual rent increase, 5% vacancy...
Question 9 10 pts A 22,000 square foot building sold for $2.6 million. The property rents...
Question 9 10 pts A 22,000 square foot building sold for $2.6 million. The property rents for $17 a foot with a 3% annual rent increase, 5% vacancy rate, and operating expenses at 32% of EGI. What is the gross rent multiplier? 5.42 5.91 6.95 6.12 5.78 MacBook Pro
Question 9 10pts A 22,000 square foot building sold for $2.6 million. The property rents for $20 a foot with a 3% annual rent increase, 5% vacancy rate, and operating expenses at 32 % of EGI. What is the gross rent multiplier? O 5.42 5.91 O 6.95 O 6.12 5.78 Question 10 Air
Question 9 10pts A 22,000 square foot building sold for $2.6 million. The property rents for $20 a foot with a 3% annual rent increase, 5% vacancy...
Question 9 10 pts A 22,000 square foot building sold for $2.6 million. The property rents for $17 a foot with a 3% annual rent increase, 5% vacancy rate, and operating expenses at 32% of EGI. What is the gross rent multiplier? 5.42 5.91 6.95 6.12 5.78 MacBook Pro
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