The answer is C

22. I am interested in purchasing investment property in downtown Atlanta. The one comparable property sold at $22 million last year and was 15,000 square feet. The property I'm interested in is also 15,000 square feet, but it generates $3 million in yearly revenue, as opposed to the comparable property which generates $2.5 million in yearly revenue. Both properties have predictable maintenance costs of around $1.5 million per year. Select the best possible valuation (or valuation range) below. Select only one answer. a. $22 million b. Between $22 and $33 million C. $33 million d. Over $33 million e. There is not enough information to answer this