NVI Technical College Information

R ECONCILIATION AND F INAL V ALUE 69

M ARKETING T IME AND E XPOSURE T IME The sales used in the Sales Comparison Approach were formally marketed and purchased after being exposed to the market in a range from two weeks to two months. Financing for retail properties purchased for investment purposes is limited, which has reduced the pool of potential buyers for this property type. Therefore, we do not believe the limited availability of financing has any negative impact on the marketability of the subject, and we believe it would sell within 12 months at the appraised market value. The exposure time is also estimated at less than twelve months; however; it could be slightly longer than the marketing time depending on any improvement in the market.

F OUR B UILDING I NDUSTRIAL C OMPLEX A PPRAISAL

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