Use the following information to answer all remaining questions on this exam.

You are considering the acquisition of Colony Park Apartments. Colony Park is a $12-$unit apartment complex that is up for sale in the amount of $$850,256.$ You plan to purchase this property with cash. The $12-$unit apartment complex is expected to generate gross scheduled rent in the amount of $$15,287$ per month. Additionally, you rent $5$ parking spots for an additional $$\frac{98}{?}$ month each. Your property has a $7\mathrm{.}8\%$ vacancy loss $($which we deduct as a proportion of gross scheduledrent for the purposes of determining NOI$)$ and $$2,250$ in monthly operating expenses. Given you have $12$ units and only $5$ parking spots, you are comfortable assuming no parking vacancy during the holding period. Lastly, at the end of year $15$ you plan to sell the property at market value. You expect the property to appreciate $6\%$ per year.

What is the holding period for this asset, expressed in months?