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(25) 4. An investment company is considering building a 25-unit apartment complex. The company anticipates am avemge oror-occupaneyin adition to the folawing data. What is
(25) 4. An investment company is considering building a 25-unit apartment complex. The company anticipates am avemge oror-occupaneyin adition to the folawing data. What is the Table 1: Data for apartment complex project Item Land Cost Building Cost Study Period Upkeep per unit per month Property Taxes and Insurance Value $50,000 $225,000 20 years $35 10% of total initial investment Annual Cost $73,767 Min. Rent $273.21
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