Crashnburn
Pattern Altitude
I was looking for hangar homes at PRC Prescott, AZ Regional Airport) and came across an ad for a huge hangar facility there for $2.8 million. And a cap rate of 8%. The hangars are 100% occupied.
I’m not a financial guru, by any means. What is a Cap rate in this context?
I’m not a financial guru, by any means. What is a Cap rate in this context?