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555 Salem Dr., Kokomo, IN 46901

Commercial property for sale

  • Description
  • MAJOR REDUCTION!! Great Opportunity to purchase mid-size apartment community in Kokomo! Kokomo is a city of approximately 50,000 residents and the county seat of Howard County. Concord Square is a 1983 vintage Cardinal Industries constructed Ranch Style Apartment community tucked away in an attractive single family neighborhood called Manor Woods on the south side of the City. The property sits 225 feet south of the intersection of Concord and Alto (one of the main east-west nodes in Kokomo, a little over 1/2 mile from US 31, which is the MAIN highway in Kokomo and claims a 42,000 Average Daily Traffic count. The community is a 49 unit complex comprised of 8 buildings. The apartment mix is 6 studios, 34 1 Bedroom 1 bath, 8 two bedroom 1 bath, and 2 two bedroom two bath. (One of the studios is a non-revenue managers office). The apartments are well linked to employment, restaurants and power center retail along 31, and most importantly the city's two largest employers Chrysler and Delphi (which recently announced a new plant opening on south US 31). Building price details: $1,110,000.
  • Property Details
  • Property Type: Multifamily
    Use Types: Low-Rise/Garden
    Status: Available
    Price: $ 22,653 +/Unit
    Number of Stories: 1
    Year Built: 1983
    Year Renovated: 2002
    MSA: Kokomo
    Buildings: 1
    Construction: Wood Siding
    Terms: Cash to Seller, Other
    Added: 11/18/2012
    Last Update: 11/24/2012
  • Contact info
  • 219-865-9911 [Office]
  • Note

  • Details Info about this row that located on 555 Salem Dr., Kokomo, IN 46901 was got from trusty sources, but All Foreclosures Homes can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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