Sandusky Ohio Portfolio
Property Description
A rare opportunity to acquire a large, assembled real estate portfolio spanning 50+ parcels comprised of 36 single-family homes and 11 multifamily properties (87 units) throughout downtown Sandusky, Ohio. This collection of properties creates a substantial footprint across the city's core residential neighborhoods, all within close proximity to the waterfront, downtown business district, and major travel corridors. Offered as a single package, the portfolio provides immediate scale, geographic density, and operational efficiency that would be extremely difficult to replicate through individual purchases. The properties currently generate $76,435 in monthly rental income, with documented market rents supporting approximately $88,100 per month. This reflects an estimated $140,000+ in annual income potential through rent normalization alone. Many leases are at-will or below market, offering a clear path to increased revenue without major renovations. This is a value-add opportunity driven by management and positioning. Beyond current cash flow, the concentration and location of these parcels offer long-term flexibility for future infill, redevelopment potential, or strategic hold as downtown Sandusky continues to benefit from ongoing waterfront and community improvements. This offering combines immediate income with control of a significant residential presence in a highly desirable lakefront market. See Attached Brochure for details.Broker Details
Berkshire Hathaway HomeServices of America Professional Realty 513-755-4400
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $7,550,000 |
| No. of Units: | 87 |
| Opportunity Zone: | No |
| Price per unit: | $86,782 |
| Property Website | Click Here |
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