Explanation
Stabilized markets typically run 4–8%. Underwrite conservatively — 8–10% for most analyses.
Formula
Vacancy = Vacant Days ÷ 365
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Real Estate Term
Vacancy Rate
Percentage of time a unit is unoccupied within a year.
Real Estate Term
Percentage of time a unit is unoccupied within a year.
Stabilized markets typically run 4–8%. Underwrite conservatively — 8–10% for most analyses.
Vacancy = Vacant Days ÷ 365