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Updated over 4 years ago,
HVAC payoff on old vintage buildings
Hey All,
I have very few comps because of how different my local market is from the rest of Oak Park so I'm not able to easily look at comparable units w/ and w/o HVAC in my area. I know that I'll cut down on my payments for utilities with an HVAC system - but I wanted to hear from everyone at BP. What cashflow successes have you seen with installing HVAC? Cutting costs or increasing rents? I'd love to hear some stories.
I'm currently evaluating making this improvement as I could get a fairly large grant to do so (covering 75% of the cost).
Thanks,
Zack