806-543-5980
4747 S Darlington Ave, Tulsa, OK for Sale
Apartments - FOR SALE
1/8
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4747 S Darlington Ave
Tulsa, OK 74135
Stevenson


HIGHLIGHTS

  • Current Owners have Invested $2.6MM+ in Capital Expenditures
  • Opportunity for $1.4MM+ in Value Enhancement
  • Double-Digit Cash-on-Cash by End of Year 1
  • Insurance Costs Lowered by 30% on Recent Renewal
  • $63,000+ Area Median Income in a 3-Mile Radius (Yardi)
  • Offered Free and Clear of Existing Debt

OVERVIEW

The Multifamily Group is pleased to present the exclusive offering of Midtown Reserve, a unique, value-add opportunity in Tulsa, Oklahoma. Constructed in 1965, the property consists of 87 units averaging 787 square feet. The property is currently 87% occupied, with strong occupancy rates in the submarket at 98%. Midtown Reserve is being offered free and clear of existing debt.

FOR SALE DETAILS

PRICE

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# OF UNITS

87

CAP RATE

Request Cap Rate

% LEASED

87%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Midtown Reserve Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.83 AC

LAND SF

166,835 SF

ZONING

-

APN/PARCEL ID

R24725932702350,R24775932702540

ASK ABOUT THIS PROPERTY

Chase DavisThe Multifamily GroupMore Info
806-543-5980

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Chase DavisThe Multifamily GroupMore Info
806-543-5980

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