A rare opportunity to acquire a large, assembled real estate portfolio spanning 50+ parcels 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.
- Waterfront:
- No
- Year Built Exception:
- Unknown
- Country:
- US
- County:
- Erie
- City:
- Sandusky
- Zipcode:
- 44870
- Street Number:
- 0
- Longitude:
- E0° 0' 0''
- Latitude:
- N0° 0' 0''
- Office Name:
- Berkshire Hathaway HomeServices Pro. - Sandusky
- Agent Name:
- Tarina M Sidoti
- Property Subtype 1:
- Multiple Units
- Listing Agent MLS ID:
- TSIDOTI
- Listing Office MLS ID:
- 1705
- Parcel ID:
- PARCEL ID NOT FOUND
- Area:
- N/A
Multiple Units For Sale
0, Sandusky, 44870
- Property Type :
- Multiple Units
- Listing Type :
- For Sale
- Listing ID :
- 20260276
- Price :
- $7,550,000
- Status :
- Active
