Bought with Trung Nguyen • Country Air Properties
$625,000
$695,000
10.1%For more information regarding the value of a property, please contact us for a free consultation.
2,700 SqFt
SOLD DATE : 03/16/2023
Key Details
Sold Price $625,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 2,700 sqft
Price per Sqft $231
MLS Listing ID CRLC22219054
Sold Date 03/16/23
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1971
Lot Size 0.590 Acres
Property Sub-Type Other
Property Description
Great Investment Opportunity with 8 rental units. The "Capri Cottages" is centrally located in down town Clearlake with partial ownership in Manakee Beach located directly across the street. The current owners have done a phenomenal job at maintaining the property and maximizing the income opportunity. This property produces a lucrative amount of income and would make a great investment for any buyer. There is still potential to grow this property with 3 unused RV hookups and space for several more units. All units have been updated recently.
Location
State CA
County Lake
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Laminate, Carpet
Fireplace No
Laundry No Hookups
Exterior
View Hills, Lake, Mountain(s), Other
Building
Water Public
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