According to the U.S. Census Bureau, in 1999 there were 8,200 U.S. marinas. The National Marine Manufacturers Association (NMMA) estimated that in 2002 there were 12,000 marinas, boatyards, yacht clubs, dockominiums, parks, and related facilities (note that this higher number includes properties that are technically not marinas, although they are maritime related). No new studies.
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Is It the Cap Rate or the Crap Rate?
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Posted by John Simpson
So many people in real estate think there is only one cap rate. Did you know there are at least 3 real cap rates and a bunch of "estimated" cap rates? Let's count the real ones.
Read more- Using the seller's last year income (like what assessors use) and current year sale price
- Using the seller's proforma 12 month.