4111 E 51st St | Tulsa, OK 74135
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- LoopNet Team
4111 E 51st St
Tulsa, OK 74135
Avery Portfolio · Multifamily Property For Sale
·
176 Units
INVESTMENT HIGHLIGHTS
- Well located 2 property portfolio just off I-44 near one of the largest medical corridors in the state & OU -Tulsa Campus
- Management has also implemented a TRUE RUBS program back in May to help recapture utility costs.
- In place rents well below comps, new mgmt has raised rents an avg. $74 higher on 39 leases at Av. Park & an avg. of $99 on 30 leases at Av. Square.
- Stabilized properties with proven value add components
PROPERTY FACTS
| No. Units | 176 | Building Size | 94,338 SF |
| Property Type | Multifamily | Average Occupancy | 94% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1963/2000 |
| Building Class | C | Parking Ratio | 1.32/1,000 SF |
| Lot Size | 4.09 AC | ||
| Zoning | RM2 | ||
| No. Units | 176 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 4.09 AC |
| Building Size | 94,338 SF |
| Average Occupancy | 94% |
| No. Stories | 2 |
| Year Built/Renovated | 1963/2000 |
| Parking Ratio | 1.32/1,000 SF |
| Zoning | RM2 |
AMENITIES
UNIT AMENITIES
- Cable Ready
- Dishwasher
- Disposal
- Ceiling Fans
- Tile Floors
- Vinyl Flooring
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- Controlled Access
- Laundry Facilities
- Pool
- Property Manager on Site
- Gated
- Wi-Fi
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 4 | - | 490 - 650 |
| 1+1 | 79 | - | 560 - 667 |
| 2+2 | 83 | - | 815 - 1,036 |
| 3+2 | 10 | - | 1,000 - 1,118 |
PROPERTY TAXES
| Parcel Number | 28550-93-28-02170 | Improvements Assessment | $927,135 |
| Land Assessment | $58,773 | Total Assessment | $985,908 |
PROPERTY TAXES
Parcel Number
28550-93-28-02170
Land Assessment
$58,773
Improvements Assessment
$927,135
Total Assessment
$985,908
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