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08-26-2020, 08:47 PM
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Gold member
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Join Date: Aug 2007
Location: NY, FL, PA, TX, NC, TV
Posts: 1,497
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Quote:
Originally Posted by dewilson58
What were your assumptions in order for the family to cash out with a billion each?? 10% return on apartments, 90% occupancy, five times earnings, etc. Jus wondering. My quick and dirty indicates it would be over 100,000 apartments. They have less than 1,000 apartments now. I don't think the sky is falling in my lifetime.
Please share...............we bean-counters need facts.
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They actually already make a ton of repeatable yearly income every year by leasing out over 7 million square feet of commercial property that they own which, contrary to what many think, is 98% leased according to their own website.
The Villages Commercial Property Management
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