Midtown Park Apartments Tulsa, OK

Building

Address

7652 E 21st St
Tulsa, OK 74129

Overview

This expansive multifamily property, located at 7652 E 21st St in Tulsa, Oklahoma, presents a lucrative investment opportunity for those seeking to break into the thriving Tulsa real estate market. Comprised of 208 units, of which about 65% have been rehabbed. Presenting the opportunity to acquire this asset, finish out the rehab, and continuing to push rents. The property also has attractive assumable debt with a rate at 4.74% with interest only period until August of 2026.

      

Investment Highlights

The property presents an Opportunity to assume attractive assumable debt at 4.74% with interest only until August 2026

The complex offers a desirable mix of one two, and three-bedroom apartment homes, making it an ideal choice for renters looking for a variety of options

This is a rare opportunity to acquire a stable asset in an ideal location, with ample potential for increasing rental income through continued rehabilitation

Since 2020, the property has had extensive capex allocated to renovations

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Pricing

208 Units | $15,000,000 | Assumable debt: 4.74% rate with IO period until August 2026

Location

Team

Brokerage Team

Raymond Lord

Senior Managing Director
(918) 850 1779 rlord@svn.com

Chase Lord

Investment Advisor
SVN OAK Realty Advisors
(918) 520-6619 chase.lord@svn.com

Garrett Huie

Senior Advisor
SVN OAK Realty Advisors
(918) 557-6897 ghuie@svn.com

Jason Turner

Senior Advisor
SVN OAK Realty Advisors
(918) 284-1614 jason.turner@svn.com