REE 6147 FIU Individual Assignment #2
| Question # 50203 | Marketing | 7 months ago |
|---|
| $4 |
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Individual Assignment #2
REE 6147 FIU
1. Task: to identify three (3) best comparable sales based on the property attributes and estimate a price per unit range for an apartment
building. Specifically, please determine 3 comparable sales for a property using CoStar’s Sales Comp data. The selection criteria are listed
below, e.g., property age, CoStar rating, distance to subject property, bedroom size (SQFT), bedroom type (1 or 2 bedroom), and amenities.
The subject property address is: 1142 SW 4th St, Miami, FL 33130. The property is located in the Little Havana submarket. What would
be your estimated price/unit range for this property? You can calculate the average price/unit of the 3 comparable properties (or determine
a narrow price range). Please provide a brief summary to justify your estimation. The table below can be used to facilitate your analysis.
Details Property 1 Property 2 Property 3 Subject Property
Address 1142 SW 4th St
Built Year 1935
CoStar Rating 2 stars
Distance 0
# of units 20
Bedroom size 642 SQFT
Bedroom type One bedroom
Submarket Little Havana
Stories 3
Amenities e.g., kitchen countertop type e.g., walkability score e.g., floor type Vinyl Flooring, Oven...
Price/Unit ?
REE 6147 FIU
1. Task: to identify three (3) best comparable sales based on the property attributes and estimate a price per unit range for an apartment
building. Specifically, please determine 3 comparable sales for a property using CoStar’s Sales Comp data. The selection criteria are listed
below, e.g., property age, CoStar rating, distance to subject property, bedroom size (SQFT), bedroom type (1 or 2 bedroom), and amenities.
The subject property address is: 1142 SW 4th St, Miami, FL 33130. The property is located in the Little Havana submarket. What would
be your estimated price/unit range for this property? You can calculate the average price/unit of the 3 comparable properties (or determine
a narrow price range). Please provide a brief summary to justify your estimation. The table below can be used to facilitate your analysis.
Details Property 1 Property 2 Property 3 Subject Property
Address 1142 SW 4th St
Built Year 1935
CoStar Rating 2 stars
Distance 0
# of units 20
Bedroom size 642 SQFT
Bedroom type One bedroom
Submarket Little Havana
Stories 3
Amenities e.g., kitchen countertop type e.g., walkability score e.g., floor type Vinyl Flooring, Oven...
Price/Unit ?
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