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Vacancy rate Term Meaning in Real Estate - Guide
Vacancy rate is the percentage of all available units in a rental property (hotel or an apartment building) that are vacant or unoccupied at the time
Devika Arora
8 years ago
Published Date: May 02, 2018
Updated Date: Mar 27, 2024
Vacancy rate is the percentage of all available units in a rental property (hotel or an apartment building) that are vacant or unoccupied at the time.
It is the opposite of occupancy rate.
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