This Multifamily Property is no longer advertised on LoopNet.com.

5230 W Ridge Rd
Gary, IN 46408
Char El Mobile Home Park · Multifamily Property For Sale · 53 Units

Investment Highlights

  • Strategically Located in Chicago MSA
  • Stabilized, Turn-Key Asset
  • Three Brand-New 2023 Homes on Site
  • Public Utilities Billed Back to Residents
  • 100% Lot Rent Only, Resident-Owned Homes
  • Below-Market Lot Rents

Property Facts

No. Units 53
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
Apartment Style Low-Rise
Building Class C
Lot Size 8.58 AC
Building Size 53,826 SF
Average Occupancy 92%
No. Stories 1
Year Built 2023

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 45-07-25-201-014.000-003
  • 45-07-25-201-011.000-003
  • 45-07-24-451-017.000-003
Land Assessment
$248,200
Improvements Assessment
$119,200
Total Assessment
$367,400
  • Listing ID: 27878256

  • Date on Market: 3/3/2023

  • Last Updated:

  • Address: 5230 W Ridge Rd, Gary, IN 46408

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