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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.

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

Multifamily

3885 Alvita Ave

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

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