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If a building has tenants it's straightforward to value it, no need for comps or sqft calculations.
by thinkloop 6y ago
If a building has tenants it's straightforward to value it, no need for comps or sqft calculations.
- dillonmckay 6y agoHow long are those tenants planning to stay?
- thinkloop 6y agoCheck their leases, apply a vacancy rate of 5%-15% depending on history or estimation.
- MattGaiser 6y agoAssuming no major repairs required.
- thinkloop 6y agoRepairs are estimate'able and often increase the value of a building by allowing for the increase of rent making the current leases a floor of value. The roi is relatively straightforward. Buildings are some of the simplest assets.