Sentences with phrase «several other properties in the area»

Not exact matches

Based on an acquisition price of $ 1,000,000, the resulting gross rent multiplier in year 1 is 5.93 x. By itself this doesn't tell you all that much, but suppose you've been underwriting several other office buildings for sale in the same area and you have determined that the average gross rent multiplier for these similar properties is 5.00 x.