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INVESTMENT HIGHLIGHTS
- Access & Connectivity
- Value-Add Potential
- Off-Street Parking Amenities
- Area Amenities & Demand Drivers
- Separately Metered Utilities
- Strong Rental Demographics & Demand
EXECUTIVE SUMMARY
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment portfolio located at 7012 Catherine Street & 5435 Georgia Street in Merrillville, IN, 3820 Colbourne Street & 3714 Swift Street in Hobart, IN, 1925 Vigo Street in Lake Station, IN, and 3809 Alder Street in East Chicago, IN (the “Portfolio”). The Portfolio contains four (4) 3-Bedroom/1-Bathroom Single Family Homes at 7012 Catherine Street, 5435 Georgia Street, 3820 Colbourne Street, and 1925 Vigo Street. There is one (1) 3-Bedroom/2-Bathroom Single Family Home at 3714 Swift Street and a two (2) unit residence comprised of one (1) 3-Bedroom/2-Bathroom unit and one (1) 2-Bedroom/1-Bathroom unit at 3809 Alder Street. The Portfolio has a total of 8,000 square feet of gross living area and 9,000 square feet of gross area. The Property is situated upon a total of 3-acres and offers ample parking with fourteen (14) spaces available. Merrillville, Hobart, Lake Station, and East Chicago are key communities within Lake County, Indiana, forming part of the greater Chicago metropolitan area. The region benefits from its strategic location approximately 35 miles southeast of downtown Chicago, providing residents and businesses with convenient access to one of the nation’s largest economic hubs while maintaining a more affordable cost of living.
PROPERTY FACTS
| Price | $1,256,328 CAD | Number of Properties | 6 |
| Price / SF | $29.76 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 8.40% | Total Building Size | 42,210 SF |
| Sale Type | Investment | Total Land Area | 0.21 AC |
| Status | Active |
| Price | $1,256,328 CAD |
| Price / SF | $29.76 CAD / SF |
| Cap Rate | 8.40% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 6 |
| Individually For Sale | 0 |
| Total Building Size | 42,210 SF |
| Total Land Area | 0.21 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 3809 Alder St, East Chicago, IN 46312 | Multifamily | 9,000 SF | 1970 | - |
| 1925 Vigo St, Gary, IN 46405 | Multifamily | 9,000 SF | 1970 | - |
| 3820 Colbourne St, Hobart, IN 46342 | Multifamily | 9,000 SF | 1950 | - |
| 3714 Swift St, Hobart, IN 46342 | Multifamily | 5,106 SF | 1957 | - |
| 7012 Catherine St, Merrillville, IN 46410 | Multifamily | 9,000 SF | 1950 | - |
| 5435 Georgia St, Merrillville, IN 46410 | Multifamily | 1,104 SF | 1950 | - |
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7 Unit NWI Portfolio
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