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Business, 10.08.2021 01:00 jacobbecker99

Amy is appraising a four-unit apartment building for a potential buyer. She determines that each unit should provide $900 per month in rent. There’s another $600 from a coin-operated washer and dryer each year. She also determines, based on similar properties in the area, that the annual GIM should be about 9. What is Amy’s estimate of value?

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