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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Tradelite who wrote (60016)8/15/2006 6:37:58 PM
From: Broken_ClockRead Replies (2) of 306849
 
Was looking at a commercial in Idaho they paid 600k a year ago. 40% vacancy. Long Term tenants in the rest . Crappy cap rate. 4th price redux. Now asking 350k. That's only a 60% loss in a year. Ouch! IF they sell for that. Cap Rate starting to look better with good upside if vac reduced to 15%.
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