Question: In an attempt to reconstruct an owner's operating statement for an apartment complex, you have collected the following data on comparable properties. All comparable units

In an attempt to reconstruct an owner's operating statement for an apartment complex, you have collected the following data on comparable properties. All comparable units have 3 bedrooms, 2 bathrooms in each unit. Apartment Complex Property A Property B Property C Monthly Rent $750 $775 $860 Square Foot per Unit 875 900 1000 Number of Units 60 40 70 Vacancies 2 0 5 Calculate the market average rent per square foot

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