Essex Realty Group, LLC is pleased to announce the successful sale of Porter Ridge and Meadow Lane Apartments, a four-building, 60-unit multifamily portfolio located in Northwest Indiana. The properties showcase classic contemporary suburban architecture and offer a mix of well-maintained and thoughtfully updated vintage apartments.

The portfolio features a balanced mix of one- and two-bedroom apartments, catering to a diverse range of renters in the Northwest Indiana market. Each property has been meticulously maintained, with recent upgrades to individual units and substantial capital improvements across the entire portfolio. At the time of sale, the assets were generating strong in-place income, while also presenting clear upside potential through continued unit renovations and operational efficiencies.

Strategically located in two of Northwest Indiana’s most desirable communities, Porter Ridge and Meadow Lane Apartments offer residents a compelling blend of suburban tranquility and urban accessibility. Porter Ridge Apartments are situated in Chesterton, a picturesque town known for its proximity to the Indiana Dunes National Lakeshore, excellent schools, and convenient access to major highways. Meadow Lane Apartments are located in Schererville, famously known as the “Crossroads of the Nation,” offering quick access to Chicago, top-rated schools, and a wealth of retail and recreational amenities.

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