Rhove brings resident property to Sandusky, Ohio with luxury lodging property, The Washington
Teaming up with serial entrepreneur Brent Zimmerman, Rhove debuts in “America’s Best Small Coastal Town”
SANDUSKY, OHIO, USA, Sept. 27, 2022 /EINPresswire.com/ — Rhove, the pioneering resident property company, today announced a partnership with serial entrepreneur Brent Zimmerman to provide community investment in The Washington, a new luxury lodging property in Sandusky, Ohio, recognized as America’s Best Small Coastal Town.
Proudly managed by Airriva, LLC, this must-see historic blue house sits on a corner lot in the downtown business district. The Washington has eight one-bedroom units and one four-bedroom unit. Originally built in 1890, the 7,200 square foot property recently underwent a $2.4 million renovation to preserve its historic charm while adding modern amenities.
Across the United States, Rhove allows anyone, not just the wealthy and well-connected, to invest and own part of their community for as little as $1 per share. For the first time, residents can directly invest in tourism opportunities right in their backyards. It’s also a first for guests who can now invest in the places they stay, deepening their connection to the communities they visit.
“We are creating a world where everyone owns,” said Calvin Cooper, co-founder and CEO of Rhove. “Zimmerman’s culture and investment in communities throughout Ohio is a perfect fit for this resident ownership partnership. It’s about bringing a sense of financial and social capital to a historic property in a highly desirable community.
Brent Zimmerman is the founder of Saucy Brew Works and Brent Zimmerman Development LLC, which has a development pipeline totaling over $100 million in commercial real estate throughout Ohio. Zimmerman is focused on creating unique opportunities in the communities in the state he calls home.
While funding is already in place for The Washington, Brent Zimmerman Development LLC felt it was important that the spaces where we live, work and play were not exclusively owned by developers.
The Washington represents the first property in Sandusky for Zimmerman and Rhove.
“I am thrilled to launch The Washington alongside our partners at Rhove,” Zimmerman said. “With resident ownership, this ownership allows everyone to not only be part of the community, but also to own it. Whether it’s a multi-family rental property or a craft brewery, we’re passionate about building spaces where community happens. With funding in place for The Washington, the partnership with Rhove is really about the social benefits of community ownership.
Sandusky, known for its history and small-town charm, is located in northern Ohio on the shores of Lake Erie. A popular and growing tourist destination, Sandusky is the center of Ohio’s wine industry and home to the world-famous Cedar Point Amusement Park. What was once a vacation rental market has become a year-round destination as indoor attractions continue to populate the area. From indoor water parks like Great Wolf Lodge and Kalahari to the Sports Force Parks complex and Merry-Go-Round Museum, Sandusky has a variety of places to explore with the whole family.
To learn more about investment opportunities, download the Rhove iOS app or visit www.rhove.com.
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About Brent Zimmerman Development LLC
With an investment background, Brent Zimmerman founded Brent Zimmerman Development LLC in 2015. Since then, he has been responsible for developing over $100 million in commercial real estate projects in Ohio. Other initiatives include Saucy Brew Works, JJCBUS Master, Respring Capital Management and MPAM Credit Trading Partners.