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14097 Lakeshore Blvd

8 Unit Apartment Building $1,250,000 ($156,250/Unit) Clearlake, CA 95422

Investment Highlights

  • Panoramic views w/breathtaking scenery.
  • 8 Cabins plus private office w/bathroom.
  • 8.8% Cap w/low vacancy & major upside!
  • Lake frontage, w/private pier, deck & boat lift.
  • Beautiful vacation/resort spot & great Airbnb Venue.
  • $1,700,000 package deal with 2 bed/2bath Bungalow next door. Total 0.65 AC.

Executive Summary

Located on the shores of Clearlake, this multifamily investment opportunity offers 8 cabins, private pier and deck with spectacular panoramic views of the lake and Mount Konocti.

Data Room Click Here to Access

Property Facts

Price $1,250,000
Price Per Unit $156,250
Sale Type Investment
Sale Conditions
1031 Exchange
  • Build to Suit
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.34 AC
Building Size 7,200 SF
No. Stories 2
Year Built 1954
Opportunity Zone Yes

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 8 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
040-032-060-000
Land Assessment
$176,735
Improvements Assessment
$235,647
Total Assessment
$412,382
  • Listing ID: 32559887

  • Date on Market: 7/23/2024

  • Last Updated:

  • Address: 14097 Lakeshore Blvd, Clearlake, CA 95422

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