Cambridge Place - 711 Boston Drive, Kokomo, IN 46902

Minimum Investments Starting At $150,000.00

Property Information:

• Property Name: Cambridge Place
• Purchase Price: $5,808,000.00
• Equity: $2,208,000.00
• Loan Amount: $3,600,000.00
• Loan-to-Value: 61.98%
• Percent Occupied: 85.40%
• Type: Multi-family housing

Property Description:
Cambridge Place is a multi-family property, located in Kokomo, Indiana, where traditions of business and industrial excellence have prospered for more than 150 years. The property was constructed in 1987, boasting well manicured grounds, spacious units with many amenities, and a prime location to leading businesses. Kokomo is a commutable 37 miles from downtown Indianapolis. With an estimated population of nearly 50,000 and located 37 miles north of Indianapolis, Kokomo is home to some of the world’s leading businesses including Delphi Electronics, Haynes International, Inc., and four DaimlerChrysler manufacturing facilities. The town is also home to four institutions of higher education – Indiana University-Kokomo, Purdue University-Kokomo.

Please contact me for a full marketing brochure and further information regarding this investment.