Question: D Question 11 5 pts You have an assignment to appraise a dairy heifer feedlot and discovered one recent sale that is highly comparable to

D Question 11 5 pts You have an assignment to appraise a dairy heifer feedlot and discovered one recent sale that is highly comparable to your subject property. This property contained a total of 12 feeding pens and sold for $1,600,000. The unit of comparison for these types of facilities has consistently been based on the total linear feet (LF) of feeding space available. You were allowed to complete an inspection of this sale property and your field notes show the following: Pen #'s LF of feeding space in each pen Comments 1 thru 5 100 6 thru Good-quality pens. Need maintenance in some spots. Self- locking stanchions. Fair-quality pens. Need maintenance in many spots. Self- locking stanchions. 160' 12 Based on this information, what is the sales price per unit of comparison identified by the market? $988 per LF O $1,620 per LF $133,000 per LF $833 per LF

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