Question: You currently own an apartment complex with 20.mts. Each unit rents at $2000 per month. Your complex is only 75% filed. You discover that the
You currently own an apartment complex with 20.mts. Each unit rents at $2000 per month. Your complex is only 75% filed. You discover that the reason you are not at 100% hlied is that the ?partments are outdated You decide to upgrade every apartment and charge $2500 per month. The cost of the upgrade is $350,000 with the upgrade you are at 90% capacity. Wh is the NPV of this project after three years at 90% capacity with an opportunity cost ot 10%
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