1) The rate, number or percentage of unoccupied units in a residential development such as an apartment building based on the total number of units available for lease. 2) As used in an operating income statement, the forecasted vacancy loss allocated to a development indicating the dollar loss expected in the next twelve months of operation.
The percentage of all units or space within a property that is unoccupied or not rented. On a property Income and Expense Statement, a projected or
the percentage of all rental units (as in hotels) that are unoccupied or not rented at a given time
A measure of the total unoccupied space within a property expressed as a percentage of total leasable area. It is the complement to Occupancy Rate.
The vacancy rate of a facility is the current total square footage or meters available for usage divided by the total usable area and multiplied by 100 percent.
An estimate of the amount of time the rental property will be vacant multiplied by the rental rate of the unit(s). The amount is used in estimating the investor's value of an income property.
The percentage of units or space that is unoccupied, or from which there is no rental income generated.
The percentage of the existing stock that is vacant. Vacancy rates are used for private residential properties, office space, shop space, factory space and warehouse space (see Occupancy Rate).
The percentage of housing units that are unoccupied.... read full article
The calculation of the percentage of all available rental units in a particular area that are not occupied.
The percentage of the total supply of units or space of a specific commercial type that is vacant and available for occupancy at a particular point in time within a given market.
The total amount of available space compared to the total inventory of space and expressed as a percentage. This is calculated by multiplying the vacant space times 100 and then dividing it by the total inventory.
The current vacant square footage or meters in a facility divided by the total usable area and multiplied by 100. For example, if the facility currently has 12,000 square feet vacant and the usable area is 200,000 then the vacancy rate is 6 percent.
A figure representing either the percentage of units unrented or the percentage of time a single unit remains unrented during the year.
The current percentage of vacant properties in a given area, regardless of why they are vacant.
A measurement expressed as a percentage of the total amount of available space compared to the total inventory space. Computed by multiplying vacant space times 100 and dividing by total inventory.
Vacant space divided by office inventory.
The percentage of total potential gross income, representing vacant units. This rate is usually expressed as a percentage of dollar amounts, but may also be reported on the basis of square feet or number of units.
The percentage of all units or space that is unoccupied or not rented. On a pro-forma income statement a projected vacancy rate is used to estimate the vacancy allowance, which is deducted from potential gross income to derive effective gross income.
is the estimated rental value of vacant properties expressed as a percentage of the total estimated rental value of the portfolio, excluding development properties.
The total amount of available space compared to the total amount of space. Always expressed as a percentage.
(Office Market) The percentage of all existing space that is currently unoccupied (vacant) and immediately available for lease in existing buildings divided by the RBA. (CoStar)
The percentage of all units or space that is not leased, not rented or is unoccupied.
A snapshot indicator of a rental market calculated by dividing the amount of vacant space by the total inventory of existing space to arrive at a rate expressed as a percentage
The ratio between the number of vacant units and the total number of units in a multitenant building or development.
Percentage of unoccupied rental property. Idle space causes significant cash drain when cash inflows are not received to offset the cash outflows of maintenance. Most properties have a minimum occupancy rate to break even.
