average occupancy

Definition

The percentage of time a property was occupied in the last year. To calculate, divide the number of months it was occupied by 12.

Use average occupancy in a sentence

You should try and figure out what your average occupancy has been so you know if you need a new tenant.

​ Was this Helpful? YES  NO 11 people found this helpful.

The average occupancy was a percentage and I wanted to know how exactly to determine it, so I would feel better.

​ Was this Helpful? YES  NO 2 people found this helpful.

The average occupancy for living in an apartment is depending on the amount of bedrooms the apartment has and can be extended if there is a child under the certified age.

​ Was this Helpful? YES  NO 6 people found this helpful.

Show more usage examples...

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
average nominal maturity average option