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Old 06-14-2004, 09:28 PM  
airpal
Confirmed User
 
Join Date: Jun 2004
Posts: 113
Only one rented unit?! I hope you've checked out the place very thoroughly as to know why they currently have 75% vacancy. Also, you should make an extremely low offer, because using a cap rate and NOI, the property would be worth next to nothing since it's an income-producing property.

Last edited by airpal; 06-14-2004 at 09:30 PM..
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