Jun 10 • General discussion
Broker's OM Valuation of Property Taxes 4x?
I just read through my Broker's Offering Memorandum (OM) and saw he put in the pro-forma for year 1 that showed the property taxes for my commercial asset quadrupling (4x) from what they are now. Is this something to consider when buying a commercial asset? I don't recall seeing that high of a jump when I purchased my 3 self-storage facilities.
I bring this up because it kills some of the NOI and return for the buyer.
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Broker's OM Valuation of Property Taxes 4x?
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