Economic Occupany

dlesh

Hi All, 
What is meaning of this number on the management history report? And how is it figured?

Thank you. 

storable_support

Hi, @dlesh. Which number are you referencing? 

EDITED TO ADD: Oops! I didn't read the thread subject line... apologies! Next time I'll drink my coffee before reading the forum! ~Amy C.

GSI03

It means the amount of revenue you are getting as a percentage of revenue you would get if all your units were rented at full price.

AnitaJohnson1269

Economic Occupancy is the Actual (current rents before discounts) divided by Gross potential.  Basically, the percent of your full rent potential if every unit was full and paying current rate.  

storable_support

AnitaJohnson1269 said:

Economic Occupancy is the Actual (current rents before discounts) divided by Gross potential.  Basically, the percent of your full rent potential if every unit was full and paying current rate.  

Thanks, @AnitaJohnson1269!
Here you go, @dlesh!