This offering represents a rare opportunity to acquire a large, assembled scattered-real estate portfolio spanning over 50 parcels throughout downtown Sandusky, Ohio. Over time, the current ownership strategically acquired these properties to create a meaningful footprint across the city’s core residential neighborhoods, all within close proximity to the waterfront, downtown business district, and major travel corridors.
Being offered as a single package, this portfolio provides an investor immediate scale, geographic density, and operational efficiency that would be nearly impossible to replicate through individual acquisitions.
The portfolio currently produces $76,435 in monthly rental income with documented market rents supporting $88,100 per month, revealing approximately $140,000 in annual upside through rent normalization alone. Many leases are at-will or below market, allowing a new owner to increase income without renovations or redevelopment.
This presents a true value-add opportunity driven by operations rather than construction.
In addition to strong in-place cash flow, the density and location of these properties create long-term optionality for infill development, redevelopment, or strategic hold as Sandusky continues to experience waterfront and downtown revitalization. The next owner benefits not only from immediate yield, but from control of a significant residential footprint in one of Ohio’s most desirable lakefront communities.