Hotels Valuation Help - Calculation Exit Values
I have 20 hotel assets with different stabilisation years and development years etc. I need to calculate the exit value depending on the state of play and not sure how to do it.
These are my options:
Stabilised - 10% Cap
Ramp-up - 8% Cap
Development - 5% Cap
I need to be able to calculate an exit value based on a given years NOI accounting for whether the asset is in any of the above stages - any ideas how to do this?
I have listed out:
Asset ID | Trading Year | Stabilisation Year
As well as my NOI figures for each asset.