Contact Information

Mobile Home Park Details

  • Price: $3,428,000
  • Listing ID: 6513553
  • Posted On: Jul 8, 2024
  • Updated On: Jul 15, 2024


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.


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

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Park Information

Community Type: All Age
Number of MH Lots: 97
Total Occupancy: 76.0 %
Average MH Lot Rent: $429
Size: 13 acre(s)

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