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Question 9 10 pts A 22,000 square foot building sold for $2.6 million. The property rents...
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 4 10 pts Consider a 24,000 square feet office building that rents for $20 a...
Question 4 10 pts Consider a 24,000 square feet office building that rents for $20 a foot, has a 5% vacancy rate, and operating expenses at 35% of EGI. What is NOI in year 1? $296,400 $266,760 $287,280 $319,200 $326,040 D Question 5 10 pts MacBook Pro.
Question 5 10 pts An investor is considering the purchase of an office building for $2.5...
Question 5 10 pts An investor is considering the purchase of an office building for $2.5 million. The 18,000 square foot property rents for $20 a foot with a 5% vacancy rate, and operating expenses at 30% of EGI. What is the cap rate? 8.23% 9.75% 8.91% 10.64% 9.57%
Question 5 10 pts An investor is considering the purchase of an office building for $2.5...
Question 5 10 pts An investor is considering the purchase of an office building for $2.5 million. The 20,000 square foot property rents for $20 a foot with a 5% vacancy rate, and operating expenses at 30% of EGI. What is the (going-in) cap rate? 8.23% 9.75% 8.91% 10.64% 9.57% 10 pts
Question 3 10 pts H&R Block rents 3,000 square feet of an office building. Their lease...
Question 3 10 pts H&R Block rents 3,000 square feet of an office building. Their lease started in 2014 at $16.00 per foot, with a $2/SF rent step in 2017. They have a full service gross lease with a $5.20 expense stop. If operating expenses are $6.60 in 2018, what is their effective rent in 2018? O 18.80 19.40 19.80 20.30 20.80 10 p Question 4
Question 3 10 pts H&R Block rents 3,000 square feet of an office building....
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...
Use the following to answer questions 1-5: A local 20,000 square foot retail building is 100%...
Use the following to answer questions 1-5: A local 20,000 square foot retail building is 100% occupied by a single tenant. The lease started last week and continues for 10 years. The rent is $7.00 per square foot per year. The landlord pays all the expenses associated with the building. The expenses total $2.00 per square foot per year, and we have determined that they are market-oriented. From a market survey, it is our opinion that 5% is a reasonable...
Please fill out the rest Please fill out the property pro forma (last picture) Your investment...
Please fill out the rest
Please fill out the property pro forma (last picture)
Your investment firm is considering acquiring a 76-unit, 43,548 rentable-square-foot multifamily property in Phoenix, Arizona (“Arcadia Gardens”). The Asking Price is $9.775 million, which equates to $128,618 per apartment unit and $225 per rentable square foot. Comparable properties have sold for median figures of $120,000 per unit and $157 per rentable square foot. The previous owner of Arcadia Gardens spent $3.5 million on a renovation, during...
Question 6 10 pts A major retail company plans to build 30,000 square building that would...
Question 6 10 pts A major retail company plans to build 30,000 square building that would cost $8 million to develop. It is expected to lease for $22 per foot (absolute net) with $5 per foot in operating expenses. If the company develops the property and does a sale-leaseback, what price will they get if the property is sold at a 6% cap rate? O $9,777,778 o$ 10,153,846 $ 10,560,000 $ 11,000,000 $ 11,478,261 10 pts
#1 MULTIPLE CHOICE (no need to show work but please get right) 1. A property has a net operating income of $25,000 and the capitalization rate used in the market is 10%. What is the indicated value? a...
#1 MULTIPLE CHOICE (no need to show work but please get right) 1. A property has a net operating income of $25,000 and the capitalization rate used in the market is 10%. What is the indicated value? a) $250,000 b) $300,000 c) $325,000 d) $2,500,000 2. A property sold for $555,000. The buyer anticipated that the potential gross income (PGI) would be $93,000, the vacancy would be 5%, and expenses would be 35% of the effective gross income (EGI) in...
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 4 10 pts Consider a 24,000 square feet office building that rents for $20 a foot, has a 5% vacancy rate, and operating expenses at 35% of EGI. What is NOI in year 1? $296,400 $266,760 $287,280 $319,200 $326,040 D Question 5 10 pts MacBook Pro.
Question 5 10 pts An investor is considering the purchase of an office building for $2.5 million. The 18,000 square foot property rents for $20 a foot with a 5% vacancy rate, and operating expenses at 30% of EGI. What is the cap rate? 8.23% 9.75% 8.91% 10.64% 9.57%
Question 5 10 pts An investor is considering the purchase of an office building for $2.5 million. The 20,000 square foot property rents for $20 a foot with a 5% vacancy rate, and operating expenses at 30% of EGI. What is the (going-in) cap rate? 8.23% 9.75% 8.91% 10.64% 9.57% 10 pts
Question 3 10 pts H&R Block rents 3,000 square feet of an office building. Their lease started in 2014 at $16.00 per foot, with a $2/SF rent step in 2017. They have a full service gross lease with a $5.20 expense stop. If operating expenses are $6.60 in 2018, what is their effective rent in 2018? O 18.80 19.40 19.80 20.30 20.80 10 p Question 4
Question 3 10 pts H&R Block rents 3,000 square feet of an office building....
Please fill out the rest
Please fill out the property pro forma (last picture)
Your investment firm is considering acquiring a 76-unit, 43,548 rentable-square-foot multifamily property in Phoenix, Arizona (“Arcadia Gardens”). The Asking Price is $9.775 million, which equates to $128,618 per apartment unit and $225 per rentable square foot. Comparable properties have sold for median figures of $120,000 per unit and $157 per rentable square foot. The previous owner of Arcadia Gardens spent $3.5 million on a renovation, during...
Question 6 10 pts A major retail company plans to build 30,000 square building that would cost $8 million to develop. It is expected to lease for $22 per foot (absolute net) with $5 per foot in operating expenses. If the company develops the property and does a sale-leaseback, what price will they get if the property is sold at a 6% cap rate? O $9,777,778 o$ 10,153,846 $ 10,560,000 $ 11,000,000 $ 11,478,261 10 pts
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