2403 Saratoga Ave | Kokomo, IN 46902
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- LoopNet Team
2403 Saratoga Ave
Kokomo, IN 46902
First Flats · Multifamily Property For Sale
·
122 Units
INVESTMENT HIGHLIGHTS
- Value-Add Opportunity Through Revenue Growth
- Conveniently Located with over 8,000 employees in a mile radius
- Inviting Modern Renovation completed in 2017
- +31% 10-Year Population Growth
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 | 1974/1990 |
| 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 | 1974/1990 |
| 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
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 42 | - | 550 |
| 2+1 | 80 | - | 650 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $5,066,200 | |
| Land Assessment | $427,700 | Total Assessment | $5,493,900 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$427,700
Improvements Assessment
$5,066,200
Total Assessment
$5,493,900
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