Lake Commercial Off Market

Now a 9% Cap rate...CASHFLOW... Beautiful Lakefront value-add opportunity! 8 units in total, 5 operated as a successful business and 3 long-term tenants who help with the day-to-day operations. Private Pier and boat lift with 14 new posts and foundation reinforcements added last month. Ample parking and dual glazed windows installed throughout. Showing an impressive 9% Cap Rate for 2021 even considering challenges of COVID-19. Do not disturb tenants.

Property Details

  • Beds: 0
  • Baths: 0.0
  • Sq Feet: 3826
  • Year Built: 0
  • Location: Clear Lake
  • Acres: 0.344
  • County: Lake County
  • Stories: 0.0
  • MLS #: 321097505

Location

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Ad Statistics:

Lake Commercial Off Market in Clearlake, California
Ad Number : 2105352
Viewed: 765 times
Added: Jan 19, 2022
Updated on: Sep 25, 2023
All information provided is deemed reliable but is not guaranteed and should be independently verified.
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