Question: Use the information below to answer the following question. 30,000 rentable space $24 rent per square foot 12% vacancy and credit losses operating expenses (without

Use the information below to answer the following question. 30,000 rentable space $24 rent per square foot 12% vacancy and credit losses operating expenses (without depreciation or CCA) is 35% of effective gross income Asking price is $840,000 Properly sold for 70% of asking price What is the buyer's overall capitalization rate (OCR)

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