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Property Description

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.

Features
Waterfront:
No
Year Built Exception:
Unknown
Address Map
Country:
US
County:
Erie
City:
Sandusky
Zipcode:
44870
Street Number:
0
Longitude:
E0° 0' 0''
Latitude:
N0° 0' 0''
MLS Addon
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

$7,550,000
Listing ID #20260276
Basic Details
Property Type :
Multiple Units
Listing Type :
For Sale
Listing ID :
20260276
Price :
$7,550,000
Status :
Active
Agent info
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