Listed by Berkshire Hathaway HomeServices Professional Realty Mason, Berkshire Hathaway HomeServices Professional Realty Dayton, Berkshire Hathaway HomeServices Professional Realty
$7,550,000
Sandusky Ohio Portfolio
Details
Property Type Multifamily
Sub Type Apartment Building, Single Family Rental Portfolio
Acreage 1.000
Multifamily
Marketing 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.
Listing Contacts
Listed by Berkshire Hathaway HomeServices Professional Realty Mason, Berkshire Hathaway HomeServices Professional Realty Dayton, Berkshire Hathaway HomeServices Professional Realty
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