What should be the market value of hotel

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Reference no: EM132386348

1. Following year's projected stabilized NOI for a property is $22.8 mi. It sold for $350,000,000 mi.

a. What was the cap rate?

b. Another asset with similar characteristics is projected to earn an NOI of $ 27.4 Mi. What should be the market value of this hotel?

Reference no: EM132386348

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