7.4% cap rate Tulsa property without the taxes and bureaucracy, located in an unincorporated area adjacent to The Oaks country club. This 5-unit property includes two lots (one parcel) and has 3 units in the front and 2 units in the back. It’s a turn-key investment opportunity with 4 of 5 units currently leased and generating income. Many upgrades have been completed including the 2 rear units which are completely new from the studs out. The front 3 units have upgrades to electrical, HVAC, interior/exterior paint, and more. The property offers a strong foundation for cash flow, with the added upside of renovating the existing pool, adding storage, space for more units/parking, and opportunity for utility billback. Whether you’re looking to add to your portfolio or secure your first multifamily investment, this property combines immediate income with significant growth potential. Unit Mix: Front- Large 3/2 with 2 living, 2 dining areas, and 2 car garage, 1/1, and 1/1. Back- 3/1 and 1/1.
Property Features
Parking
Additional Parking
Concrete
Gravel
Cooling Information
Other
Heating Information
Other
School Information
School Information for 4588 W 64th Place, Tulsa, OK 74132
Elementary School
Holmes Park ES
Middle School
Sapulpa JHS,Sapulpa MS
High School
Sapulpa HS
Listing Courtesy: The Property Center LLC - 405-355-2500