1825 N College

Tulsa, OK 74110
$1,295,000
13986 sqft | 0.52 acres | #2320394

Description

Completely remodeled 20-unit apartment complex: four 1-bed/1-bath AND sixteen 2-bed/1-bath units. Built in 1985, this property features a long list of updates and upgrades. New double-paned vinyl windows, new paint throughout, new appliances, washers & dryers in community laundey room, flooring, and many more! Calling all investors! Current owner split all electric and gas meters, providing a unique opportunity for future owner to continue to shift the burden of electric and gas expense to tenants, thus increasing NOI. Note: the meters are already in place for a full cutover of electric and gas. The utility conversion process is underway. Covered balconies & walkways. Two buildings. Central parking lot. Laundry room. Central HVAC! Financial reports and a rent rolls are available upon request. The reports also show the benefits of the utility shift to the tenants. Property generally remains over 90% occupied. Come see!

  • Property Details
      • Interior:Cable TV Wired
      • Exterior features:Door Sign, Dumpster, Lighting
      • Acres:0.515
      • Square Feet:13986
      • Property type:Purchase
      • Year built:1985
      • MLS #:2320394
      • Cost:1295000
      • Property subtype:Apartment/5+ Units
      • Days on_market:4
      • MLS #:2320394

Location

Wilkerson Real Estate Real Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00