Multifamily
3885 Alvita Ave
3885 Alvita Ave, Clearlake, CA 95422
Listing Price: $650,000
Cap Rate
8.50%
Number of Units
7
Occupancy
97.0%
Price/Unit
$92,857
Price/Gross SF
$152.94
Gross SF
4,250
Investment Overview
Cash Cow. Fully occupied with room to raise rents. Similar to a small Mobile Home Park, perfect for a new multifamily investor.
3885 Alvita Ave
Investment Highlights
- Cash Cow. Fully occupied with room to raise rents. Similar to a small Mobile Home Park, perfect for a new multifamily investor.
- Good location near the lake oriented on a large parcel with a peaceful feel at the location.
- Within walking distance to the lake and commercial district and within an Opportunity Zone.
Exclusively Listed By
Listing Price: $650,000
Cap Rate
8.50%
Number of Units
7
Occupancy
97.0%
Price/Unit
$92,857
Price/Gross SF
$152.94
Gross SF
4,250
Investment Highlights
- Cash Cow. Fully occupied with room to raise rents. Similar to a small Mobile Home Park, perfect for a new multifamily investor.
- Good location near the lake oriented on a large parcel with a peaceful feel at the location.
- Within walking distance to the lake and commercial district and within an Opportunity Zone.
Investment Overview
Cash Cow. Fully occupied with room to raise rents. Similar to a small Mobile Home Park, perfect for a new multifamily investor.
Exclusively Listed By
