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5214 Old Lake Rd Immeuble residentiel 12 lots 1 686 636 € (140 553 €/Lot) Geneva, OH 44041
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- Offers a rare 12-unit investment in Geneva-on-the-Lake blending stable income with short-term rental upside in a premier Lake Erie destination.
- Combines long-term rentals with Airbnb & VRBO use, creating immediate cash flow & clear potential to increase revenue through operational upside.
- Seven units are leased on month-to-month terms, offering flexibility to reposition, renovate, or increase rents based on future strategy.
- Positioned steps from Lake Erie and the Strip, the property provides walkable access to beaches, dining, shopping, and year-round amenities.
- Includes 12 two-bed, one-bath unites across three structures, featuring a condo-style building, ranch units, and a freestanding cottage.
- Located in a high-demand vacation market with consistent tourism, supporting strong occupancy trends and long-term investment stability.
Résumé analytique
5214 Old Lake Road, Geneva-on-the-Lake, Ohio 44041 presents an exceptional investment opportunity in one of Northeast Ohio's most desirable vacation destinations. Situated on four parcels with stunning views of Lake Erie and panoramic vistas down the famous Geneva-on-the-Lake Strip, this unique property offers a rare combination of long-term rental income and short-term vacation rental potential.
Comprised of 12 total rental units (two bed, one bath per unit), the property spans three buildings, including a three-story, six-unit condo-style building with Lake Erie views, six ranch-style units, and a charming freestanding cottage. Many units have been updated with premium finishes and modern improvements, making them highly attractive to both seasonal visitors and long-term tenants. Four units operate as monthly rentals generating consistent income, while several others are utilized as short-term rentals through Airbnb, VRBO, and direct bookings, creating excellent upside potential for increased revenue. Seven of the 12 units are currently occupied on month-to-month agreements, providing flexibility for an investor's future plans.
Guests and tenants enjoy convenient access from both Old Lake Road and Lake Road, along with a prime, walkable location just steps from Lake Erie, Township Park, public beach access, and the entertainment district known as "The Strip." Restaurants, bars, shopping, live entertainment, wineries, and countless seasonal attractions are all within walking distance, making this a highly sought-after destination year after year.
Whether looking to expand an investment portfolio, capitalize on the thriving vacation rental market, or implement a mixed-use income strategy, this Geneva-on-the-Lake property presents a rare opportunity in a location where demand continues to grow.
Schedule a private showing to explore the full potential of this income-producing asset.
Comprised of 12 total rental units (two bed, one bath per unit), the property spans three buildings, including a three-story, six-unit condo-style building with Lake Erie views, six ranch-style units, and a charming freestanding cottage. Many units have been updated with premium finishes and modern improvements, making them highly attractive to both seasonal visitors and long-term tenants. Four units operate as monthly rentals generating consistent income, while several others are utilized as short-term rentals through Airbnb, VRBO, and direct bookings, creating excellent upside potential for increased revenue. Seven of the 12 units are currently occupied on month-to-month agreements, providing flexibility for an investor's future plans.
Guests and tenants enjoy convenient access from both Old Lake Road and Lake Road, along with a prime, walkable location just steps from Lake Erie, Township Park, public beach access, and the entertainment district known as "The Strip." Restaurants, bars, shopping, live entertainment, wineries, and countless seasonal attractions are all within walking distance, making this a highly sought-after destination year after year.
Whether looking to expand an investment portfolio, capitalize on the thriving vacation rental market, or implement a mixed-use income strategy, this Geneva-on-the-Lake property presents a rare opportunity in a location where demand continues to grow.
Schedule a private showing to explore the full potential of this income-producing asset.
Informations sur l’immeuble
| Prix | 1 686 636 € | Surface du lot | 0,26 ha |
| Prix par lot | 140 553 € | Surface de l’immeuble | 1 177 m² |
| Type de vente | Investissement | Occupation moyenne | 55% |
| Nb de lots | 12 | Nb d’étages | 3 |
| Type de bien | Immeuble residentiel | Année de construction | 1998 |
| Sous-type de bien | Appartement | ||
| Zonage | C - Commercial | ||
| Prix | 1 686 636 € |
| Prix par lot | 140 553 € |
| Type de vente | Investissement |
| Nb de lots | 12 |
| Type de bien | Immeuble residentiel |
| Sous-type de bien | Appartement |
| Surface du lot | 0,26 ha |
| Surface de l’immeuble | 1 177 m² |
| Occupation moyenne | 55% |
| Nb d’étages | 3 |
| Année de construction | 1998 |
| Zonage | C - Commercial |
Caractéristiques
Caractéristiques du lot
- Climatisation
- Balcon
- Micro-ondes
- Machine à laver/sèche-linge
- Chauffage
- Ventilateurs de plafond
- Cuisine avec coin repas
- Cuisine
- Plans de travail en granit
- Plafond voûté
- Réfrigérateur
- Électroménager en acier inoxydable
- Cuisinière
- Vues
- Salle à manger
- Fenêtres à double vitrage
- Sol en vinyle
- Grandes chambres
Caractéristiques du site
- Bord de l’eau
Lot informations sur la combinaison
| Description | Nb de lots | Moy. loyer/mois | m² |
|---|---|---|---|
| 2+1 | 12 | - | 56 - 93 |
1 1
Impraticable à pied
10/100
Exceptionnellement adapté aux voitures
90/100
Plutôt praticable en vélo
40/100
Taxes foncières
| N° de parcelle | Évaluation des aménagements | 172 028 € | |
| Évaluation du terrain | 43 294 € | Évaluation totale | 215 322 € |
Taxes foncières
N° de parcelle
Évaluation du terrain
43 294 €
Évaluation des aménagements
172 028 €
Évaluation totale
215 322 €
1 sur 52
Vidéos
Visite extérieure 3D Matterport
Visite 3D
Photos
Street view
Rue
Carte
1 sur 1
Présenté par
5214 Old Lake Rd
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