Should we sell "as is" or add on and upgrade our apartments?

[Tabi Traughber]

Hi all! My team currently owns fifteen apartment units, ranging from studios to two bedrooms.  We are currently only charging $650/month for rent for the studios and a little more for the one and two bedrooms.  We are contemplating whether we should sell all of them right now, "as is," sell only a block of units or add on about 10-12k sq ft, which would include a gym, possibly a clubhouse and about 15 more units; thus increasing the value and then selling... What are your thoughts? Thanks in advance!