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5214 Old Lake Rd
Geneva, OH 44041

$1,924,900 USD

Apartments For Sale • 12,674 SF

Property Details

Property Type Apartments
Total Building Size 12,674 SF
Lot Size 0.64 AC
Year Built 1998
Zoning C

10 Walk Score

                
                    Highlights
                
                                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. 
                            
                                Positioned steps from Lake Erie and the Strip, the property provides walkable access to beaches, dining, shopping, and year-round amenities. 
                            
                                Combines long-term rentals with Airbnb & VRBO use, creating immediate cash flow & clear potential to increase revenue through operational upside. 
                            
                                Includes 12 two-bed, one-bath unites across three structures, featuring a condo-style building, ranch units, and a freestanding cottage. 
                            
                                Seven units are leased on month-to-month terms, offering flexibility to reposition, renovate, or increase rents based on future strategy.
                            
                                Located in a high-demand vacation market with consistent tourism, supporting strong occupancy trends and long-term investment stability.

Amenities

Air Conditioning
Balcony
Microwave
Washer/Dryer
Waterfront
Heating
Ceiling Fans
Eat-in Kitchen
Kitchen
Granite Countertops
Vaulted Ceiling
Refrigerator
Stainless Steel Appliances
Range
Views
Dining Room
Double Pane Windows
Vinyl Flooring
Large Bedrooms

Danny Duvall 234-430-4183 Brokers Realty Group

5214 Old Lake Rd Geneva, OH 44041

$1,924,900 USD

Property Details

Highlights

Amenities

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5214 Old Lake Rd
Geneva, OH 44041