Multifamily Housing
300 East 261 South Kokomo, IN 46902
Details & Description
Price: $2,100,000
    Timbernest Townhomes is a quiet, wooded, apartment community located 15 minutes from downtown Kokomo. It offers 1 and 2 bedroom apartments with 1 and 1.5 bath units. Parking spots are located just outside the apartments and the property is complimented by an abundance of green space and large backyards. The average unit space is larger than most in Kokomo, offering on average 1,100 SF per unit. These townhomes have been very well maintained and has received significant capital improvements over the past few years including new roof, new siding on all buildings, and a new parking lot in 2017. Rental rates are competitive within the market and have room to be raised as tenants turnover.
    Listing Agents
    Wes Short

    O: 317-352-6650
    M: 219-363-1637
    wshort@bradleyco.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    300 East 261 South

    Kokomo, IN 46902

    Listing ID: 258248
    • 300 East 261 South Kokomo, IN 46902 | for Sale | Photo 1
    • 300 East 261 South Kokomo, IN 46902 | for Sale | Photo 2
    • 300 East 261 South Kokomo, IN 46902 | for Sale | Photo 3
    300 East 261 South | for Sale | Thumbnail 1
    300 East 261 South | for Sale | Thumbnail 2
    300 East 261 South | for Sale | Thumbnail 3
    Building Size: 39,600 SF
    Lot Size: 1.000 AC
    Land Size: 43,560 SF
    Building $/SF: $53.03
    Land $/SF: $48.21
    Price
    $2,100,000
    Description

    Timbernest Townhomes is a quiet, wooded, apartment community located 15 minutes from downtown Kokomo. It offers 1 and 2 bedroom apartments with 1 and 1.5 bath units. Parking spots are located just outside the apartments and the property is complimented by an abundance of green space and large backyards. The average unit space is larger than most in Kokomo, offering on average 1,100 SF per unit. These townhomes have been very well maintained and has received significant capital improvements over the past few years including new roof, new siding on all buildings, and a new parking lot in 2017. Rental rates are competitive within the market and have room to be raised as tenants turnover.

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Indianapolis History of Multifamily Housing for Sale

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    Kokomo Area Market Trends

    Listing Demographics for 300 East 261 South Kokomo, IN 46902

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population62111,73039,018
    Population Median Age444240
    Population by Age0-9 Yrs83 (13%)1517 (12%)5014 (12%)
    10-19 Yrs64 (10%)1300 (11%)4655 (11%)
    20-29 Yrs38 (6%)1170 (9%)5073 (13%)
    30-39 Yrs38 (6%)1327 (11%)4294 (11%)
    40-49 Yrs123 (19%)1460 (12%)4521 (11%)
    50-59 Yrs40 (6%)1613 (13%)5550 (14%)
    60-69 Yrs157 (25%)1706 (14%)4738 (12%)
    70+ Yrs77 (12%)1638 (13%)5172 (13%)
    Median HH Income$85,837$55,919$48,337
    Total Household Income< 24K11 (4%)961 (19%)4582 (26%)
    25-49K26 (11%)1234 (24%)4222 (24%)
    50-74K43 (18%)1021 (20%)3306 (19%)
    75-99K85 (36%)841 (16%)2113 (12%)
    100-199K49 (20%)870 (17%)2576 (15%)
    200K+20 (8%)96 (1%)292 (1%)
    Highest Education LevelNo Diploma257512755
    Diploma or GED141290310128
    Some College4820656428
    Assoc. Degree817892169
    Bachelors Degree10712453458
    Higher Degree556661901
    Total Housing Units2365,51319,793
    --Owner-Occupied2333,47311,058
    --Renter-Occupied01,5516,033
    Owner-Occupied Values< 100K2112275592
    100-199K12318114294
    200-299K78396879
    300-399K1226159
    400-499K01162
    500K+0171
    Total Working Age Population4999,39031,341
    In Work Force3105,47018,492
    Not In Work Force1893,92112,849
    Workforce Employed3035,15317,350
    Workforce Unemployed43001,088
    Civlian Workforce3075,45318,438
    Military Workforce31755
    Total Households2345,02417,090
    Family Households2053,43310,688
    Non-Family Households291,5916,402
    Married Couple1992,6387,232
    Other Family67953,456
    Married w/Child537922,196
    Single Male w/Child063347
    Single Female w/Child43011,489

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Indiana6,080,485+76,483,802+46,738,573+47,014,880
    Howard County84,964-382,752082,388-280,786
    Tipton County16,577-415,936-714,769-514,080

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

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    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 300 East 261 South in Kokomo?
    The asking price for 300 East 261 South is $2,100,000
    What is the building size of this Multifamily property in Kokomo, IN?
    The size of the building/unit at 300 East 261 South in Kokomo is 39,600 square feet
    How much land does the Kokomo, IN property at 300 East 261 South include?
    300 East 261 South in Kokomo includes 1.000 acres of land
    What is the population within 1 mile of 300 East 261 South in Kokomo?
    The population within 1 mile of 300 East 261 South Kokomo, IN 46902 is 621 people.
    Who do I contact for questions about 300 East 261 South?
    You should contact the listing agent, Wes Short, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Indianapolis International Airport (IND) 51
    Fort Wayne International Airport (FWA) 59
    South Bend Regional Airport (SBN) 89