3650 W. Ridge Rd.

• 8%+ asking CAP rate
• Conveniently located just south of I-80, approximately 30 miles southeast of Chicago
• 76% occupancy with potential for increased value by filling vacant sites
• Water, sewer, and trash costs are billed back to tenants
• 60% of community owned homes are 2019
• Close to Indiana University – Northwest, Hard Rock Casino and Highland Grove Shopping Center

Property Description

Sunstone proudly presents the sale of Jordan Mobile Home Park, a 97-site, all-age community in Gary, Indiana. Situated on 12.57 acres, this property is located approximately 30 miles southeast of Chicago. Currently, the occupancy rate is 76%, and the park includes 20 park-owned homes. The real estate and home portfolio must be purchased in conjunction. The community benefits from municipal water services, with sewer services being a mix of municipal and septic tanks. The surrounding area has a population of 501,347 within a 10-mile radius and offers numerous retail options, including Highland Grove Shopping Center and Shops on Main. Local amenities such as schools, parks, and recreational facilities are easily accessible, including Indiana University – Northwest, Hard Rock Casino and Highland Grove Shopping Center.