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The Valuation of Apartment Properties, second edition, presents in-depth analysis of the concepts and issues applicable to the apartment market today. It provides detailed instructions on applying the three approaches to the valuation of apartment properties and examines assignment requirements and the techniques of market, neighborhood, and property analysis.
This second edition will appeal to appraisers working in public or private practice as well as property owners, potential buyers and sellers, lenders, property managers, legal advisors, reviewers, instructors, and students. Two case studies, of a large apartment complex and a small apartment property, are used throughout the text to illustrate the concepts presented and the methods applied in valuing multiunit residential properties.