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5-Unit Mobile Home Park
For Sale
$175,000

6410 Kennedy Ave, Hammond, IN 46323

Five-unit park with three occupied units, two vacancies, and refreshed interiors prepared for new tenants.

Property Size4,000 SF
Price / SF$43.75
Days on Market13

Property Features for 6410 Kennedy Ave

General Information

Standard status Active
Size 4,000 SF
Property subtype Commercial

Additional Details

Multifamily Units 5

Building Details

Year Built 1941
Listing Agency: RE/MAX Executives
Listed By: Trisha Potts · License #RB14046118
Source: Jason.northwestindianahomelistings
Added: Sep 14 Changed: Sep 21 Last Checked: Sep 24 at 11:14AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Executives

Investment Insights

Based on property information with market context.

This mobile home park contains 5 units, including 3 currently rented units and 2 vacancies. Two interiors have recently been refreshed and are positioned for new tenant occupancy, while one vacancy is identified as an open pad for placement of a new unit.

Built in 1941, the property is located at 6410 Kennedy Ave in Hammond, Indiana. The property size is listed as 4,000, and the current cap rate with two vacancies is reported at over 12 percent.

Key Highlights

  • 5 total units with 3 currently rented
  • 2 vacancies, including one open pad for a new unit
  • 2 interiors recently refreshed for new tenants

Property Analytics

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Current Use

Mobile home & RV ...

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Parking Lot & Garage Skin Care Clinic Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

325
Businesses Nearby

Demographics for 46323, IN

22,510
Population
8,955
Households
2.5
Avg Household Size
35
Median Age
15%
College-Educated
85%
High-School Grad
6.2 sq mi
ZIP Area
3,631
Density / Sq Mi
$56,906
Median Household Income
$35,292
Median Earnings
$1,189
Median Rent
$149,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mobile home & RV park - Five-unit park with three occupied units, two vacancies, and refreshed interiors prepared for new tenants.
Where is this mobile home & rv park located?
The property is located at 6410 Kennedy Ave Hammond, IN.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: 5 total units with 3 currently rented; 2 vacancies, including one open pad for a new unit; 2 interiors recently refreshed for new tenants
More about this property
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