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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Micawber who wrote (25312)11/19/2004 1:02:05 PM
From: John VosillaRespond to of 306849
 
Agreed unless you specialize in distressed properties.
I believe the cap rates on these condos as arms length transactions are in the 12-13% when you factor in vacancy, reserves, turnover costs, repairs and management fees.