Vacancy rate for 4 unit in prime areaI wanted to put in an offer on a four plex that is well placed close to metro and shops. It is a probate property so it is empty now. What should I use for vacancy rate? Local prop mgmt
The property is available for sale and for lease. The lease price is $7,500 and the current asking price is $1,874,000.
The house came on the market 6/21/08 and was listed at $2,200,000. 9/11/08, it was reduced, to $1,999,000, then to $1,899,000 on 10/29/08 and to itâ€™s current price of $1,874,000 on 1/5/09. It is scheduled to be open to the public tomorrow (1/17) from 1-4 if youâ€™d like to see it.... more