Case study Real estate question: 1. Mr. Johnson owns a small commercial property which has 4 units with a total square footage of 9384. The property is located in an area suffering from high vacancies. The current tenants remaining are ABC Corporation, who occupies 2888sq ft. And recently renegotiated and lowered their lease rate through 2011 and XYZ electronics corp., who occupies 3350 sq.ft. With their lease due to expire December 2010. The remaining 2 vacancies are marketed by a local broker. Currently there are no potential tenants viewing the vacant graces. What might Mr. Johnson do to retain his 2 tenants and attract new renters to his property and how might this impact his income and/or expenses this year and next year? Please explain your answer.
2 18732Case study 2. After years of good performance. Happy homes apartment building was sold in 2002 for $20, 00,000 and the new owners refurnished all apartment units. In 2003 the apartment building was re-opened. Please analyse the income statement below and explain the income trends. The building has 1600units was built in 1971, and the current loan balance is $16,395,772. Period ended Statement classification (wi) 31/12/06 31/12/07 31/12/08 31/12/09 Occupancy 95% 90% 92% 95% Base rent $1,100,000 $990,000 $950,000 $990,000 Laundry vending $12,000 $11,000 $11,000 $30,000 Parking income $42,000 $40,000 $41,000 $60,000 Other income $3,000 $8,000 $21,000 $20,000 Effective gross income $1,157,000 $1,049,000 $1,023,000 $1,100,000
13587Post New ALP Law AllOther Interview Questions
How do you view private pages on wordpress?
How is foreign key commands related to primary key?
What are directives in angular 6?
can we give one check for all vendors in automatic payment run? how?
What is the use com component in .net?
Explain calling sub procedure.
What is the file extension for a web service?
What is the quickest way to open an ubuntu terminal in a particular directory?
How would you format some text using css to be verdana and bold?
When & how vat audit takes Place in haryana. Is Scrutiny & vat audit is same?
How to add custom color to tableau?
How a tablespace is related to data files?
What is Inspection Points?
What are the steps for creating a dynamic pick list?
What are the advantages of address sharing?