14097 Lakeshore Dr - Apartments FOR SALE


Clearlake, CA 95422
$1,000,000 USD
415-312-7706
14097 Lakeshore Dr, Clearlake, CA for Sale
$1,000,000 USD
Apartments - FOR SALE
1/24
null | 11% Cap Rate

14097 Lakeshore Dr
Clearlake, CA 95422


HIGHLIGHTS

  • Panoramic views w/breathtaking scenery.
  • Lake frontage, w/private pier, deck & boat lift.
  • 8 Cabins plus private office w/bathroom.
  • Beautiful vacation/resort spot & great Airbnb Venue.
  • 14097 - 8 Cabins & private office w/bathroom: $1M @ 10.56% Cap Rate
  • 14097 & 14099 - Portfolio sale includes beach front bungalow next door with private beach area and dock: $1.35M @ 9.26% Cap Rate.

OVERVIEW

Located on the shores of Clear Lake, this multifamily investment opportunity offers 8 cabins, private pier and deck with spectacular panoramic views of the lake and Mount Konocti. Beautiful vacation/resort spot & great Airbnb Venue. Potential Portfolio sale includes 2bd/2ba Bungalow next door.

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$139 USD /SF

# OF UNITS

8

PRICE/UNIT

$125,000

CAP RATE

11%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1954

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

C2-DD

APN/PARCEL ID

040-032-060-000

ASK ABOUT THIS PROPERTY

Mike WahbaGlobal I. N. Inc.More Info
415-312-7706

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Mike WahbaGlobal I. N. Inc.More Info
415-312-7706

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