Lakeside is located in a good market for 5+ unit multifamily loans. Multifamily loans in Lakeside are considered lower risk due to market size and stable regional economy. Interest rates for multifamily loans in Lakeside are competitive. Lakeside apartments may be eligible for non-recourse multifamily loans up to 80% and other favorable terms like long term fixed rates and interest only payment options. SoftQuotes' lenders will lend on 5+ unit multifamily properties in Lakeside.
SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Lakeside are:
Fannie Mae® |
$1M to $6M |
|---|---|
| 5 Year Fixed | 6.56% - 7.30% |
| 7 Year Fixed | 6.46% - 6.97% |
| 10 Year Fixed | 6.40% - 6.80% |
Freddie Mac® |
$1M to $7.5M |
|---|---|
| 5 Year Fixed | 5.44% - 5.68% |
| 7 Year Fixed | 5.28% - 5.52% |
| 10 Year Fixed | 5.19% - 5.43% |
Fannie Mae® |
$6M to $100M |
|---|---|
| 5 Year Fixed | 6.36% - 7.10% |
| 7 Year Fixed | 6.26% - 6.77% |
| 10 Year Fixed | 6.20% - 6.60% |
Freddie Mac® |
$7.5M to $100M |
|---|---|
| 5 Year Fixed | 5.60% - 5.75% |
| 7 Year Fixed | 5.61% - 5.76% |
| 10 Year Fixed | 5.61% - 5.76% |
All major multifamily lender types are lending in Lakeside.
The city of Lakeside in Clay County has a population of 30,458. The median rent in Clay County for a 2 bedroom is $1,195. The median Lakeside resident is 40 years old with a yearly income of $32,967. The average family has 3.09 members and a median household income of $63,605. Lakeside has a 21% higher education rate. The unemployment rate in Lakeside is 5.7%.
25.9% of Lakeside households are renters.
26.7% median household income spent on rent.
Bedrooms |
Clay County 1 |
Florida 2 |
National 2 |
|---|---|---|---|
| Studio | $801 | $822 | $737 |
| 1 bedroom | $989 | $891 | $813 |
| 2 bedroom | $1,195 | $1,089 | $1,015 |
| 3 bedroom | $1,562 | $1,448 | $1,325 |
| 4 bedroom | $1,989 | $1,716 | $1,521 |
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