Humanities
writing a project

Question Description

Need someone to write me a project about a local problem in the U.S. and solutions for the problem. The solutions should be more paragraphs. I am going to add a file that shows an example for the project and I need the project be the same as the file. Furthermore, I will add a picture that has the question for the project just in case. 


THE PROJECT SHOULD BE IN SIMPLE AND EASY WORDS!!

writing a project
omar_project.jpg

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A Student Project 3: Proposal November 4, 2015 English 1010-42 Mr. Adam McInturff Audience/ Intention: This proposal is directed to the management and investors of Park Place Apartment Homes. The intent is to recommend the construction of a car washing area as a means to remaining competitive in the residential rental market. Purpose The purpose of this proposal is to improve the quality of living for the residents of Park Place Apartment Homes, while also increasing the profitability of the apartment complex, through the addition of a car washing area. By adding a car washing area to the list of current amenities, residents will be able to properly care for their vehicles on a consistent basis. Concurrently, the investors of Park Place Apartment Homes will be improving the property’s appeal and market value, thereby maintaining a competitive edge in todays’ residential rental market. Problem In an article by Fortune Magazine entitled, ‘Young People Can Afford Homes They, Just Don’t Want to be Homeowners’ author Chris Matthews brings to light the current trend of a growing renters market. He points to Millennials’ decision to resist the pressures of conventional society to get married, settle-down and purchase a home once it becomes financially feasible, as the root cause. On average Millennials are postponing these life milestones well into their 30’s as opposed to the previous norm of late 20’s. This tendency has dramatically affected the supply and demand of the residential rental market. With an increase in the number of renters, there has also been a boom in the development of new apartment complexes across the nation. According to the Star Tribune, a newspaper based out of Minneapolis, more than 3,400 new apartments have been built in the past two years, and yet the Twin Cities is still recording a decline in the average rental property vacancy rate. The arrival of brand new apartments in a community not only provides residency for first time lessees, but also gives occupants of older rental properties the option of moving, thereby upgrading their living conditions. The newest apartments being built today commonly feature amenities such as billiard rooms, club houses, tanning booths, game rooms, swimming pools and fitness studios. Dated apartment complexes’ ability to remain competitive in today’s rental market and ensure lease renewal is entirely contingent on a property owner’s ability to provide amenities commiserate of newer facilities. According to occupancyheroes.com, failure to do so results in higher occupant turnover rates, lower monthly rental fees and lower quality tenants. It is in a landlord’s best interest to update their facilities considering that a single occupant turnover costs on average $2500. Also, based on income-producing property appraisals, there develops the risk of property value depreciation. Incorporating new amenities to older properties is often times difficult due to the constraints of already being established and requires creativity when considering their addition. Park Place Apartment Homes has done an exceptional job of compensating for their lack of amenities by creating a clean, hospitable and safe community. Park Place Apartment Homes frequently hosts events, such as painting parties and solo musician concerts, which encourage interaction between neighbors, thereby strengthening communal bonds. Additionally, the grounds keepers and maintenance staff maintain the property superbly. Nonetheless, tenants are still considering other properties for residency because of the absence of a car wash area. Solution The inclusion of a car wash area provides residents with the ability to wash their own vehicles on a regular basis, which in turn creates a cleaner and more presentable community. This feature also helps Park Place Apartment Homes stay competitive by offering an amenity that is often times only featured in the newest of apartment complexes. This car wash area would be built where the unused and dilapidated basketball court currently exists. The design would be centered on the installation of a double canopy car port offered by Creative Shade Solutions. Similarly designed car wash areas can be found at Cherry Creek Apartment Homes located in Hermitage, Tennessee. With regards to the installation of necessary plumbing, the proposed construction site is located near a water spigot used by the maintenance staff, which lends itself to a simple adaption of the current configuration to accommodate the needs of the car wash facility. Cost / Timeline The total cost for the construction of a fully functional car wash facility is reflected in a quote provided by Barnard Construction. The anticipated time to complete construction is 30 to 60 days, contingent on suitable weather. The following graph highlights the major phases of the construction process and the associated costs: Asphalt repair and sealing $1200.00 Installation of required plumbing $1000.00 Excavating and pouring of concrete footers $950.00 Construction of car port metal framing $2000.00 (2) PVC/Vinyl canopies purchased from Creative Shade Solutions $550.00 Concrete ramp to provide access the proposed site $300.00 Total $6000.00 Conclusion The benefits of building the proposed car wash area begin with tax deductions. While the initial cost of construction may be high, the IRS has allowed for tax deduction claims to be filed when an improvement has been made to a rental property that functions as a source of revenue. This write-off is a provision of Section 179 of the United States Internal Revenue Code and will allow for a recouping of nearly a quarter of the cost over a ten year period. The benefits of including this amenity continue when considering the average occupancy turnover rate of $2500 per occurrence. The car wash area being attributed to three lease renewals can be equated to $7500, which exceeds the total cost of construction. The previously mentioned benefits are easily monetized and are reason enough to invest in the proposed car wash area, but there still remains the less tangible, but equally important benefit of customer satisfaction. Guy Letts is the founder and CEO of Customer Sure, a company that specializes in providing businesses with customer feedback. In an article entitled Top Ten Benefits of Customer Feedback, he describes how customer satisfaction has an effect on referrals, renewals, repeat business, loyalty, retention, customer acquisition, competitive advantage, reputation and sale opportunities. In conclusion, by providing residents with an area to maintain the cleanliness of their vehicles, Park Place Apartment Homes will be increasing profitability through property value appreciation and the lasting effects of customer satisfaction. ...
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Final Answer

Rated_writer (281)
University of Maryland

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Top quality work from this tutor! I’ll be back!

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It’s my second time using SP and the work has been great back to back :) The one and only resource on the Interwebs for the work that needs to be done!

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