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Business, 17.07.2020 21:01 miguearrobita

An office building investor sees a listing of an office building which is priced at $2 million. He loves the property, but he knows he needs to make a return of at least 8% to satisfy his partners. If the building is 25,000 SF, rents for $10/SF per year, has 5% vacancy, and annual expenses of $70,000, should he buy it

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