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14097 Lakeshore Dr 8 Unit Apartment Building $1,360,310 CAD ($170,039 CAD/Unit) 11% Cap Rate Clearlake, CA 95422

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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.

14097 Lakeshore Blvd sales flyer

Offering Memorandum

Property Facts

Price	$1,360,310 CAD	Property Subtype	Apartment
Price Per Unit	$170,039 CAD	Building Class	C
Sale Type	Investment	Lot Size	0.34 AC
Cap Rate	11%	Building Size	7,200 SF
Sale Conditions	1031 Exchange Build to Suit Bulk/Portfolio Sale	No. Stories	2
No. Units	8	Year Built	1954
Property Type	Multifamily	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	C2-DD - Commercial mixed use

Price	$1,360,310 CAD
Price Per Unit	$170,039 CAD
Sale Type	Investment
Cap Rate	11%
Sale Conditions	1031 Exchange Build to Suit Bulk/Portfolio Sale
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 State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	C2-DD - Commercial mixed use