How to determine the Net Operating Income (NOI) of an Apartment Complex.
By Anthony Chara
There are 3 figures that go hand-in-hand when trying to determine a commercial/apartment property’s value. They are; Net Operating Income (NOI), Cap Rate (CR) and Asking Price or Purchase Price (PP). If you know 2 of the figures you can always figure out the third. I will be talking about the NOI…