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14097 Lakeshore Dr 8 Unit Apartment Building $1,000,000 ($125,000/Unit) 11% Cap Rate Clearlake, CA 95422
Investment Highlights
- Panoramic views w/breathtaking scenery.
- 8 Cabins plus private office w/bathroom.
- 14097 - 8 Cabins & private office w/bathroom: $1M @ 10.56% Cap Rate
- Lake frontage, w/private pier, deck & boat lift.
- Beautiful vacation/resort spot & great Airbnb Venue.
- 14097 & 14099 - Portfolio sale includes beach front bungalow next door with private beach area and dock: $1.35M @ 9.26% Cap Rate.
Executive Summary
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.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Amenities
Unit Amenities
- Balcony
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
1 1
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 040-032-060-000 | Improvements Assessment | $245,166 |
| Land Assessment | $183,874 | Total Assessment | $429,040 |
Property Taxes
Parcel Number
040-032-060-000
Land Assessment
$183,874
Improvements Assessment
$245,166
Total Assessment
$429,040
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14097 Lakeshore Dr
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