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What are the relevant criteria for evaluating the different alternatives?Like what are the short term and long term effectiveness The Kamloops Property The Kamloops property

What are the relevant criteria for evaluating the different alternatives?Like what are the short term and long term effectiveness

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The Kamloops Property The Kamloops property was a one-hectare greenfield site on the north shore of Kamloops. The site was zoned and approved for 410 residential apartments and 17 commercial units. The commercial units could be used for a variety of businesses, such as convenience stores, coffee shops, liquor stores, day-cares, gyms, drycleaners, pharmacies, or medical offices. Of the 410 residential units, 1 17 had been designated for seniors' housing as a specific requirement of the zoning. Two years earlier, Ali had built a financial model of the Kamloops project and concluded that it was not commercially viable because the construction cost (over CA$100 million ) would exceed potential revenues, assuming that all 427 units could be sold. Ali determined that, even as a rental property, while the project could be cash-flow positive at full occupancy, its potential rate of return was so low that it would not entice investors. While Ali was convinced that the Kamloops property was a long-term hold, his father was strongly inclined to sell it. Aziz had recently listed the Kamloops property with a realtor, who planned to target potential buyers from mainland China, as this project would qualify a foreign investor for immigration to Canada under British All currency amounts are in Canadian dollars, unless specified otherwise. Page 3 9B20N011 Columbia's Provincial Nominee Program (PNP) Entrepreneur Immigration program. While the market value for the Kamloops property was around $4 million, the asking price was $9 million

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