Here is the vertical cedar fence my hubby built (with my design, lumber shopping and staining help - I'm useless with a hammer though) to cover up the two hideous air conditioning units gracing our frontage. He's awesome! I'm happy. We left lots of air for the AC units to breathe so hopefully its fine.
First Apartment: Build a naked closet on a bare wall of your bedroom. Hang a curtain rod from the celing and attach a snazzy curtain to pull to cover and viola! new, bigger, and tailored closet to your needs. Ps this mean you now have an empty closet: convert to a cozy reading nook!