Updated over 4 years ago on . Most recent reply
Should this metric worry me (9% vacancy but under market rents)?
Has anyone experienced this, bought the property anyway, and have some wisdom to share?
This property I'm looking at boasts "huge upside potential" if rents are raised to the market; but, they're also showing a 9% vacancy cost in their rent rolls. I've seen this on some other advertisements, and I question why a place would have nearly that much vacancy if they are below market rents.