11.9 CAP RATE. 621 E Street is home to the Lakeview Lofts, a Fully occupied and professionally managed multifamily asset comprised of one main home and two studio units, and a storage/workshop. The property has undergone various recent improvements and received a new roof in 2016. It is in a phenomenal location with easy access to Clearwater’s best attractions, as well as restaurants, shopping, and entertainment. Lakeview Lofts overlook Lake Belleview and are conveniently not in a flood zone. The units are currently leasing for $6, 075/ month. Property consists of 1 2 bedroom (with washer and dryer) and 3 studios. All units rented