stabilized occupancy

Definition

The best projected range of long-term occupancy that a piece of rental property will achieve after existing in the open market for a reasonable period of time with terms and conditions that are comparable to similar offerings.

Use this term in a sentence

After approximately five years time we can expect to property to achieve stabilized occupancy, until then, vacancies will occur more frequently.

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Paul took stabilized occupancy into consideration when looking for an investment property to purchase, specifically regarding the location of the property.

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stabilized net operating income stable