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Western Estates
4401 S Cr 00 Ew,
Kokomo, IN 46902
 
$1,355,000
Price
6.03
GRM
$23,772
Price Per Unit
57
Number of Units
9.08%
Cap Rate
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$1,355,000
Price
6.03
GRM
$23,772
Price Per Unit
57
Number of Units
9.08%
Cap Rate
Western Estates MHP
Zoned for 68 lots
Currently has 57 developed lots
33 Tenant owned homes
10 Rented park owned homes
10 Vacant park owned homes
7 Vacant lots
Kokomo Indiana Growth
The property is located in Kokomo, Indiana, a city known for its manufacturing heritage and diverse economy. Kokomo is home to major employers such as Fiat Chrysler Automobiles (FCA) and Delphi Technologies.
The area surrounding the property features a mix of residential and commercial properties, providing a balanced environment for potential tenants.
Kokomo offers a variety of amenities and services, including shopping centers like Markland Mall, dining options, parks, and recreational facilities like Kokomo Beach Family Aquatic Center.
The property's proximity to major transportation routes, including State Road 931 and U.S. Route 35, facilitates convenient access for tenants and customers.
Kokomo has a strong sense of community and a growing local economy, making it an attractive location for businesses looking to establish a presence in a supportive and vibrant community.
The Kokomo, Indiana Battery Plant
Starplus Energy, a joint venture between Stellantis and Samsung SDI, finalized its $7.54 billion loan from the Department of Energy to build two lithium-ion battery plants in Kokomo, Indiana, the agency announced Tuesday. The project, under the DOE’s Advanced Technology Vehicles Manufacturing Loan Program, will create approximately 3,200 construction jobs and up to 2,800 operations jobs at the plants. At full scale, the plants will produce 67 gigawatt hours of batteries annually, enough to power 670,000 electric vehicles, as the industry continues its push to lessen reliance on China for battery supplies.
FOR MORE DETAILS CONTACT
Jordan Lee
(775) 830-8094
info@cashflowinginvestments.com
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