The given condition is followed by two possible reasons for the same. Read all the information carefully and decide which of the given reasons follows.

Note: You have to assume that each of the given condition/possible reason is true.
Situation: It is very common to see a cluster of adjacent residential multi-storey flats in City K that are owned by a company and are only available for rent and unavailable for purchase. These flats are preferred by people despite the fact that their rents are 15−20% higher than the average.

Possible reasons:

(I): Unlike individually owned apartments, which are given on rent, these multistoried flats offer two or more facilities, such as a pool, gymnasium, football field, free Wi-Fi, etc without any additional cost. These facilities are otherwise not easily available and a huge amount may have to be charged for the same.

(II): A residential building in city K charges its occupants $30−$40 per month for parking and maintenance. However, these multi-storey flats owned by companies only charge $20 a month.

1
Only (II) can be a possible reason.
2
Both (I) and (II) can be the possible reasons.
3
Only (I) can be a possible reason.
4
Neither (I) nor (II) can be a possible reason.

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