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Business, 20.03.2020 12:48 crispymaddix12

Ace Investment Company is considering the purchase of the Apartment Arms project. Next year’s NOI and cash flow is expected to be $2,000,000, and based on Ace’s economic forecast, market supply and demand and vacancy levels appear to be in balance. As a result, NOI should increase at 4 percent each year for the foreseeable future. Ace believes that it should earn at least a 13 percent return on its investment. Assuming the above facts, what would the estimated value for the property be now?

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Ace Investment Company is considering the purchase of the Apartment Arms project. Next year’s NOI an...

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