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1930 S Goyer Rd
Kokomo, IN 46902
First Flats · Multifamily Property For Sale
·
122 Units
PROPERTY FACTS
| No. Units | 122 | Building Size | 75,100 SF |
| Property Type | Multifamily | Average Occupancy | 98% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1974/2017 |
| Building Class | C | Parking Ratio | 1.77/1,000 SF |
| Lot Size | 3.35 AC | ||
| Zoning | 403 - Commercial 40 Or More Family Apartments | ||
| No. Units | 122 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 3.35 AC |
| Building Size | 75,100 SF |
| Average Occupancy | 98% |
| No. Stories | 2 |
| Year Built/Renovated | 1974/2017 |
| Parking Ratio | 1.77/1,000 SF |
| Zoning | 403 - Commercial 40 Or More Family Apartments |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Microwave
- Washer/Dryer Hookup
- Heating
- Kitchen
SITE AMENITIES
- Courtyard
- Laundry Facilities
- Grill
- Recycling
- Wi-Fi
ABOUT 1930 S GOYER RD , KOKOMO, IN 46902
Wisely Commercial Realty is pleased to offer for sale First Flats located in Kokomo, Indiana. First Flats consists of 122 apartment units situated on 4.4 acres of land. The property underwent a complete renovation over the past couple years. The property has been updated and provides a new Buyer a turnkey opportunity. The property is serviced by city water and city sewer, residents are billed back for water and sewer usage. Community Video Link: https://youtu.be/Hnz3RVJOChc 122–Unit Property a New Owner can Step into a Turnkey Operation: • One of the only remodeled apartment communities in Kokomo. • The complex renovations were completed at the end of 2017. Units were renovated as prior leases expired. • Professional management is in-place. Completely Renovated Apartment Complex: • Between 2016 & 2017 over $1,500,000 was invested into the property. • The water has been individually sub-metered and is billed back to the residents. New electronic transmitters were installed. • Every unit was completely remodeled. New flooring, trim, paint etc. • Brand new exteriors make the property stand out from the competition.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 42 | $575.00 | 550 |
| 2+1 | 80 | $625.00 | 650 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $5,066,200 | |
| Land Assessment | $427,700 | Total Assessment | $5,493,900 |
PROPERTY TAXES
