Examples of Effective Rent in a sentence
Average Effective Rent per UnitAverage effective rent per unit represents the average of gross rent amounts after the effect of leasing concessions for occupied units plus prevalent market rates asked for unoccupied units, divided by the total number of units.
The Net Effective Rent is used as the basis for the Offeror’s fully evaluated financial rating.
The Net Effective Rent is inclusive of base rental rate, annual escalations, operating expense structure, rent abatement, parking costs, and any other miscellaneous pass-throughs proposed by the offeror.
The Financial Proposal Form (Attachment 1) is used to calculate the Offeror’s Total Net Effective Rent.
Average Effective Rent per UnitAverage Effective Rent per Unit represents the average of gross rent amounts after the effect of leasing concessions for occupied units plus prevalent market rates asked for unoccupied units, divided by the total number of units.