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7.4% cap rate Tulsa property without the taxes and bureaucracy, located in an unincorporated area adjacent to The Oaks country club. This 5-unit property includes two lots (one parcel) and has 3 units in the front and 2 units in the back. It’s a turn-key investment opportunity with 4 of 5 units currently leased and generating income. Many upgrades have been completed including the 2 rear units which are completely new from the studs out. The front 3 units have upgrades to electrical, HVAC, interior/exterior paint, and more. The property offers a strong foundation for cash flow, with the added upside of renovating the existing pool, adding storage, space for more units/parking, and opportunity for utility billback. Whether you’re looking to add to your portfolio or secure your first multifamily investment, this property combines immediate income with significant growth potential. Unit Mix: Front- Large 3/2 with 2 living, 2 dining areas, and 2 car garage, 1/1, and 1/1. Back- 3/1 and 1/1.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Last Updated: . Source: NORES
Provided By
Listing Agent: Cara Sides (#184588)
Listing Office: The Property Center LLC (#3129)
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