Sandusky Ohio Portfolio - Multi-Family FOR SALE


Sandusky, OH 44870
$7,550,000 USD
419-706-2365
Sandusky Ohio Portfolio, Sandusky, OH for Sale
$7,550,000 USD
Multi-Family - FOR SALE
1/36

Sandusky Ohio Portfolio
Sandusky, OH 44870


HIGHLIGHTS

  • 14/47 Properties in the Transient Rental District
  • $76,435 Current Monthly Rent
  • $140,000+ Immediate Annual Upside

OVERVIEW

A rare opportunity to acquire a large, assembled real estate portfolio spanning 50+ parcels comprised of 36 single-family homes and 11 multifamily properties 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.

FOR SALE DETAILS

PRICE

$7,550,000 USD

# OF UNITS

87

PRICE/UNIT

$86,782

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Downtown Sandusky Scattered-Site Real Estate

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

57-05923-000

ASK ABOUT THIS PROPERTY

Tarina SidotiBerkshire Hathaway Professional RealtyMore Info
419-706-2365

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Tarina SidotiBerkshire Hathaway Professional RealtyMore Info
419-706-2365

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.