2618-2626 85Th East Ave Tulsa, OK 74129
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 2618-2626 85Th East Ave
- Property type
- Apartment buildings
Description
This exceptional 12-unit apartment building, located at 2618-2626 S 85th East Ave, Tulsa, OK 74129, presents a compelling investment opportunity. The property boasts a current occupancy rate of 100%, generating a substantial Net Operating Income (NOI) of $68,183, and a 7.58% capitalization rate. Classified as a Class C multifamily property, this asset offers significant value-add potential due to below-market rents. The building comprises twelve units, presenting a diverse unit mix. The asking price is $900,000. Situated in Tulsa County, Oklahoma, this property benefits from a prime location with convenient access to local amenities and transportation networks. The address is precisely 2618-2626 S 85th East Ave, Tulsa, OK 74129, with coordinates 36.1251261 latitude and -95.8825355 longitude. This is an ideal opportunity for investors seeking a stable, income-producing asset with the potential for increased profitability through rental adjustments. The strong current performance, combined with the upside potential, makes this a highly attractive investment prospect in the thriving Tulsa market. Don't miss this chance to acquire a well-positioned multifamily property with proven cash flow and significant growth potential.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Tulsa
- County
- Tulsa
- State
- Oklahoma
- Longitude
- -95.8825
- Latitude
- 36.1251
