Image of the City of Regina

Parkade

EXECUTIVE SUMMARY

Appraisal Cycle Date – January 1, 2017 to December 31, 2020

Effective Date of Valuation – January 1, 2015

Date of Report – August 24, 2016

 

Rent Model

Description                                                                    $/month/stall

Freestanding Parkade Parking Stall                                  $107

 

Overall Capitalization Rates

Base Cap Rate

6.455

Adjustments to Cap Rate:

Site Coverage < 30%, per Percentage

-.084