Replies to post #77710 on SPOOZ Inc (SPZI)

[jdcpa1]

The project announced will be mint with the new business Park generating a ton of interest and business for the JP3Es Harmony Villas Project. Breaks ground next week!


JP3E partners with the city of Kokomo and the state of Indiana, assuming responsibility for the Harmony Villas Project. This project will contain a new mixture of residential and commercial buildings to Kokomo, IN. The JP3E Harmony Villas Project in Kokomo, IN development is 23 Acres that will have 500 apartments, 42 townhouses, 40 retails mixed usage and 100 keys of 4 stars brand hotel accommodations with an estimated $112,000,000 Capital Expenditures (CAPEX). The company successfully secured $23,000,000 cash as GP and LP capital. Upon completion of development, JP3E expects the development to be valued at $192,000,000 with $14,000,000 Net Income annually. JP3E plans to break ground in the first week of March 2024 and expects to offer 21 townhomes by June 2024 for sale to the growing local community, facilitating the influx of Samsung factory workers and families.