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Business, 05.03.2022 23:50 Cassandoo

A property with 131 units that rent at $1,078/month has annual operating expenses equaling $762,577. An effective manager identifies ways to responsibly reduce expenses by 3% a year. At a cap rate of 7.5%, the manager would have increased the property's value by . A. $361,253 B. $305,031 C. $22,877 D. $218,954

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A property with 131 units that rent at $1,078/month has annual operating expenses equaling $762,577....

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