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107 E Kaw Ave
Cleveland, OK 74020

Lakeshore Apartments · Multifamily Property For Sale · 30 Units

Investment Highlights

  • Owner-Managed 30-Unit Asset Built in 1983, Located in Cleveland, OK (Tulsa MSA)
  • Day 1 Cashflow with Upside and Opportunity to Increase Income Through Additional Fees
  • New Leases are Being Signed at$650 for 1BR and $750 for 2BR
  • Stabilized with Historic Occupancy of 90%+
  • All 30 Units are Classic Interiors that can be renovated (In- Place Rents are $172 Below Competitors)
  • Individually Metered with Ability to Bill Back for Water & Sewer up to $34,000 per year

PROPERTY FACTS

No. Units 30
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 2.46 AC
Building Size 21,248 SF
Average Occupancy 93%
No. Stories 1
Year Built 1983
Parking Ratio 2.91/1,000 SF

Unit Amenities

  • Heating
  • Kitchen
  • Oven
  • Range

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 12 - 749 - 750
2+1 18 - 1,000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2399-08-21N-08E-1-003-00
Land Assessment
$3,215
Improvements Assessment
$87,810
Total Assessment
$91,025

zoning

Zoning Code C1
C1
  • Listing ID: 30648244

  • Date on Market: 1/12/2024

  • Last Updated:

  • Address: 107 E Kaw Ave, Cleveland, OK 74020

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