Hello all,
2 prong question...
In your opinion what are the top items you check/watch-for while assessing and deciphering differed maintenance when valuating a multiplex asset?
Once one would have a $ value against that differed maintenance list ( Say $15K) would you deduct it from your final valuation on the asset?
eg. my analysis show that cap rate= 6% and NOI= $50K so estimated value should be around NOI/cap= approx 833K
would you ALSO minus (or negotiate) differed maintenance from that estimated value (833K MINUS 15K)?
Cheers and thanks for all the different insights!
Eddy
2 prong question...
In your opinion what are the top items you check/watch-for while assessing and deciphering differed maintenance when valuating a multiplex asset?
Once one would have a $ value against that differed maintenance list ( Say $15K) would you deduct it from your final valuation on the asset?
eg. my analysis show that cap rate= 6% and NOI= $50K so estimated value should be around NOI/cap= approx 833K
would you ALSO minus (or negotiate) differed maintenance from that estimated value (833K MINUS 15K)?
Cheers and thanks for all the different insights!
Eddy