Question: 7. Other things being equal, which would have the lowest cap rate? (a) A building with short-term leases in a declining market. (b) A
7. Other things being equal, which would have the lowest cap rate? (a) A building with short-term leases in a declining market. (b) A building with long-term leases in a declining market. (c) A building with short-term leases in a stable market. (d) A building with long-term leases in a growing market.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
