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Square Footage

Started by erosesilvprop
over 12 years ago
Posts: 1
Member since: May 2013
Discussion about
Hi, I wanted to verify whether the square footages posted represent net or gross area? Thank you
Response by falcogold1
over 12 years ago
Posts: 4159
Member since: Sep 2008

what's net area?
what's gross area?

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Response by greensdale
over 12 years ago
Posts: 3804
Member since: Sep 2012

Use the 80/20 rule to determine.

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Response by erosesilvprop
over 12 years ago
Posts: 1
Member since: May 2013

What is the 80/20 rule? Say an apartment is 700 SF and rents for $3,000. Is the rent per SF net or gross? Gross rent includes MEP, stairways, common area etc and net includes only the rentable area.

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