2618-2626 S 85th East Ave - Apartments FOR SALE


Tulsa, OK 74129- Longview Lake
$795,000 USD
918-857-5961
2618-2626 S 85th East Ave, Tulsa, OK for Sale
$795,000 USD
Apartments - FOR SALE
1/11
null | 7.7% Cap Rate

2618-2626 S 85th East Ave
Tulsa, OK 74129
Longview Lake


HIGHLIGHTS

  • 2618-2626 S 85th Avenue is home to a 12-unit multifamily building presented with room for rental growth.
  • There is an excellent tenant mix in the surrounding, stable area.
  • Easy maintenance has allowed for smooth operations overall.
  • Further upside potential to unlock with below-market rents.

OVERVIEW

Welcome to 2618-2626 S 85th East Avenue, a 12-unit Tulsa multifamily property presented as a fantastic investment opportunity with significant upside potential. Situated in a great Tulsa location, this property features a strong tenant mix and easy maintenance, making it a desirable choice for both new and seasoned investors. Current rents are below market, providing an immediate opportunity to increase cash flow with adjustments.

FOR SALE DETAILS

PRICE

$795,000 USD

PRICE/SF

$84 USD /SF

# OF UNITS

12

PRICE/UNIT

$66,250

CAP RATE

7.7%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,087 SF

ZONING

CS

APN/PARCEL ID

43105-93-13-09490,43105-93-13-09500,43105-93-13-09510

ASK ABOUT THIS PROPERTY

Casey LitseyColdwell Banker SelectMore Info
918-857-5961

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Casey LitseyColdwell Banker SelectMore Info
918-857-5961

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.