Business, 26.03.2020 20:28 AutumnJoy12

Your investor client is interested in looking at commercial property. An available strip mall has an effective gross income of $112,000 and a net operating income of $84,000. The capitalization rate in the area for similar properties is 12%. What is the likely asking price for the property

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Your investor client is interested in looking at commercial property. An available strip mall has an...