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What is a Partial Interest Appraisal in a Real Estate Holding Entity?

By
Real Estate Appraiser with David V. Farrell Co.

Many appraisers have valued one-family, two-family and multi-family houses.  Fewer have appraised million dollar vacant lots, multi-million dollar apartment buildings or warehouses.  I consider myself among the few who have considered the true oddballs and bigwigs.  I have appraised cloistered convents (yes - with the dead nuns buried in the basement),  schools, churches, synagogues, and half-billion dollar rental apartment buildings.

 

However, nothing gives me more pleasure than appraising a partial interest in a corporation or other ownership entity that is the fee owner of real property.  For example, I love appraising a 20% interest in a C-Corp with a warehouse as the main property asset.

 

If you have any questions, please let me know.

Posted by

________________________________________________________

David V. Farrell, Broker/Owner

Long Island Village Properties

NYS Certified General Appraiser - #46-16371

David V. Farrell Co., Auctioneers & Appraisers

167 Mineola Boulevard

Mineola, New York 11501

p. (516) 741-7350

c. (516) 987-3329

e-mail: david@davidvfarrell.com

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David Farrell
David V. Farrell Co. - Garden City, NY
Licensed NY State Real Estate Broker

Damn, I'm handsome - even 50 pounds overweight!

Oct 20, 2011 07:29 PM
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

that is impressive.  It seems as though it would be difficult to do those specialty appraisals.

Oct 20, 2011 07:34 PM