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 1000 Number of Units 40 Vacancies 900 875 60 2 70 5 0 Calculate the weighted average vacancy rate. 3.3% 4.1% 6.2% O 7.1% None of the Above
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