SVN Oak Realty Advisors is pleased to present Oakhill Townhomes, located at 7902 South 33rd
West Avenue in Tulsa, Oklahoma. This newly constructed 70-unit build-to-rent community offers a
unique investment opportunity in the West Tulsa submarket. The property features a low-density site
plan with a unit mix exclusively dedicated to large-format three-bedroom townhomes, positioned to
capture strong demand from families within the Jenks School District.
The investment assumptions are based on a purchase price of $22,000,000, equating to approximately
$314,286 per unit. The value-add strategy focuses on completing the lease-up of this brand-new asset to
capitalize on embedded rental growth without the need for immediate capital expenditures. The model
projects a first-year Net Operating Income (NOI) of $1,617,616, supporting an acquisition cap rate of
7.35% and a Year 1 cash-on-cash return of 7.49%.
Oakhill Townhomes offers a compelling opportunity for investors seeking exposure to the premium
build-to-rent sector with immediate stability and upside. The investment is projected to yield a strong 5-
year levered IRR of 23.29% and an equity multiple of 2.61x. The property’s spacious 1,800-square-foot
floorplans and strategic location near Tulsa Hills Shopping Center position this asset as a premier
housing option in the tight West Tulsa market.
$22,000,000
OFFERING PRICE
7.35%
YEAR 1 CAP RATE
70
TOTAL UNITS
$314,286
PRICE PER UNIT
7902 South 33rd West Avenue
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