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Value Add Apartments in Tulsa OK

Updated: Jul 25



6621 E 38th ST, Tulsa, OK 74135


Good value add potential at about a 7% cap rate now. Occupancy (58%) is below what the market says it should be definitely will need new strong management.


Asking Price $8 Million + 3% fees


With current occupancy could probably start negotiations below 2M. Just suggestion. I have no idea if the seller will accept.

 

C class building in a B neighborhood.


Property Details and Financial Analysis


Cash Flow Analysis










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