Vacancy Rate definition
Examples of Vacancy Rate in a sentence
Vacancy Rate – The number of vacant units versus the total number of units within a building.
If the University’s Vacancy Rate as of October 15, 2025 is greater than 5% then the University must reduce its Vacancy Rate as of October 15th by a minimum of 25% on or before February 15, 2027.
The University shall establish and maintain a maximum Vacancy Rate of 5% as of October 15, 2025.
Project: Pelican Sound Location: 10200 Gandy Boulevard ▇▇▇▇: 08/28/96 Gross Income Estimate: Unit Type No. Rent/Mo. Rent/Yr. Vacancy Rate: 7.00% Expenses: Other Income: 3.00% (1) 1/1 128 $490.00 $752,640 Income Growth: 3.00% R.E. Taxes $1.15 /Sq.Ft. Expense Growth: 2.00% Insurance $0.20 /Sq.Ft. (2) 1/1 156 $565.00 $1,057,680 Reversion: Management 5.00% EGI Cap.
VACANCY RATES (Overall Vacancy Rate) Available existing space in square feet divided by the inventory in square feet.