Horse Shoe Mobile Home Park

7741 E. Ridge Road Hobart, IN 46342

Property Type:
Mobile home
Last Verified:
Apr 09, 2020


  • Mobile Home Park now for sale in Hobart, IN
  • Sitting on roughly 4.5 Acres
  • Over 240' of Frontage on Ridge Road
  • 13 mobile homes, a house and a garge
  • All but 3 Lots currently being leased
  • Great investment opportunity


Mobile home park now available for sale in Hobart, IN. The subject property is located on Ridge Road, just west of US 51 sitting on roughly 4.5 acres and 240 feet of frontage on Ridge. The property consists of 13 mobile homes, a separate house and a garage. There are currently 3 lots available with the rest of the development currently occupied. Great investment opportunity with upside in getting the last 3 lots leased up

Hobart is a city in Lake County, Indiana, United States. The population was 29,059 at the 2010 census. Although it has been historically primarily residential, recent annexation has added a significant retail corridor to the city. Hobart is home to many thriving businesses in its downtown shopping district, including the historic Art Theatre. Hobart is also home to the Westfield Southlake Shopping Mall and many surrounding retailers and restaurants.

Building Size: 10284.0sq ft
Lot Size: 4.48 acres

Map of 7741 E. Ridge Road, Hobart, IN, 46342

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.