This property consists of two buildings containing two units each. The buildings are located on a corner lot and form a courtyard between the units. Each unit has a private patio entrance, and there is a storage building where the owner can store material and supplies for the property.

The property has been very well maintained by the same owner for over 10 years. The pride of ownership is evident in the upgrades and condition of the property. Each unit is three bedrooms, two baths with a separate entry foyer, large living room, and full size washer and dryer connection. Each unit also has a carport or garage parking space as well as driveway parking.

The property is fully occupied, with several long-term residents. The residents pay all utilities including water, sewer and trash collection. The residents are also currently responsible for their own lawn care. The owner is responsible for insurance, taxes and maintenance, making this an easy property to manage. Additionally, there is upside with current rents lagging behind the market rents. This represents an opportunity to obtain a well maintained, fully leased, cash flowing property in a desirable submarket.

Location Description:

The property is located in the Sungate addition located Southeast of East 51st Street and South Sheridan Road. The neighborhood contains a community pool and park, as well as an elementary and junior high school. It is also adjacent to The Farm Shopping Center, a Tulsa landmark shopping destination with over 40 stores.

Highlights:

>> Great South Tulsa location

>> Well maintained and updated

>> 100% occupied

>> Residents pay all utilities

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