Do you believe Trump that it’s worth $739 million?
Be sure to consider the restrictive covenants that require it to operate as a club and not a private residence and that it generates $20-$25m per year in revenue and presumably far less than that in income after expenses to run / maintain the property.
Do you believe a property with 10k square feet should be valued based on 30k square feet.
Do you believe a bank ordered 3rd party appraisal should be ignored and instead a value that is 2x the amount of the 3rd party appraisal should be reported?
Do you believe a golf community should be valued based on 2,500 homes when there is only zoning approval for 1,500 homes.
Thanks. I’ll hang up and listen.
|
(
In response to this post by HokieDan95)
Posted: 03/27/2024 at 6:05PM