July 29, 2022 – Andrew O’Connell and Anthony Spangler of Horvath & Tremblay have successfully completed the sale of eight (8) multi-family units in Hammond, Indiana. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $550,000.
The multi-family investment property, located at 4104 Hohman Avenue in Hammond, Indiana is comprised of eight (8) multi-family units. The combined unit mix contains seven (7) 1-Bedroom/1-Bathroom units and one (1) Studio unit with 4,700 square feet of living area on a 0.48-acre parcel of land. The Property features off-street parking (that was recently sealed and striped), a newer roof, and half of the units have been recently renovated. 4104 Hohman Avenue is well-located on a large corner lot within walking distance to local area amenities with numerous restaurants, bars, and shopping along Calumet Avenue (US Route 41), as well as to the Hammond Station offering service on the South Shore Line for quick, direct access to Chicago and South Bend. The Property is 1 mile from Interstate 90, and there are a number of lakes, parks and nature preserves in the surrounding area.
Horvath and Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Their advisors specialize in the sale of apartment buildings, mixed-use properties, and development projects. They have experience successfully structuring portfolio sales and 1031 exchanges. They have a dedicated buy side desk that provides real time inventory and market data to each individual client placing capital or fulfilling a 1031 exchange requirement. The firm is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.