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In an attempt to reconstruct an owner's operating statement for an apartment complex, you have...

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In an attempt to reconstruct an owner's operating statement for an apartment complex, you have collected the following data on comparable properties. All comparable units have 3 bedrooms, 2 bathrooms in each unit. Apartment Complex Property A Property B Property C Monthly Rent $750 $775 $860 Square Foot per Unit 1000 Number of Units 40 Vacancies 900 875 60 2 70 5 0 Calculate the weighted average vacancy rate. 3.3% 4.1% 6.2% O 7.1% None of the Above

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