The park is represented by Marcus & Millichap West Los Angeles' industrial brokers. If the seller...
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The park is represented by Marcus & Millichap West Los Angeles' industrial brokers. If the seller bought the property in 1989 for $1,875,000 and the improvements were valued at 69%, what is their basis? How much fee did the agents make if they received a 5% fee up to $5,000,000, 20% of the amount between $5,000,000 and $6,000,000, and 30% of anything over $6,000,000? A buyer on an industrial park wants a return of 8% on in place income (day 1). The loan obtainable is for $3,825,000 at 6.25% and a 25 year term. The NOI for the property is $502,788. What is the most the buyer can pay? What is the cap rate? The park is represented by Marcus & Millichap West Los Angeles' industrial brokers. If the seller bought the property in 1989 for $1,875,000 and the improvements were valued at 69%, what is their basis? How much fee did the agents make if they received a 5% fee up to $5,000,000, 20% of the amount between $5,000,000 and $6,000,000, and 30% of anything over $6,000,000? A buyer on an industrial park wants a return of 8% on in place income (day 1). The loan obtainable is for $3,825,000 at 6.25% and a 25 year term. The NOI for the property is $502,788. What is the most the buyer can pay? What is the cap rate?
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In 1989 1875 000 Improvements 69 1875002 129 3750 X 400 Basis ... View the full answer
Related Book For
Data Analysis and Decision Making
ISBN: 978-0538476126
4th edition
Authors: Christian Albright, Wayne Winston, Christopher Zappe
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