Quote:
Originally Posted by bizaro86
Interesting that they'd have an NOI forecast in this market, I think I'd take that with a bit of grain of salt if its vacant possession.
Of course, I'd be willing to pay a 1% cap rate on its vacant NOI...
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The income valuation obviously gets us the biggest return and a $26.00 rate for Quarry Park is still a market rent, but yes from a vacant possession perspective take all that with a grain of salt.