village east apartments east flyer.pdf36,872 10,342 1,061,565 4,517 397 85,302 311,765 assessed...

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918.557.5966 [email protected] 405.360.5966 [email protected] 235 Units 186,660 Net Rentable Sq. Ft. Price: $7,400,000 Price/Unit: $31,489 Price/Sq. Ft.: $39.64 Terms: Buyer to Obtain New Financing Cap Rate: 7.0% Going-In Cap Rate: 8.16% Proforma Village East Apartments 11501 East 22nd Place, Tulsa, Oklahoma 74129 Offering Highlights 235-units— Built in 1971—Priced at $31,489 per unit 30-year ownership Midtown Tulsa Located near the intersection of E. 21st Street and S. Garnett Rd with easy ac- cess to the Mingo Valley Expressway (Highway 169) and I-44 Adjacent to City of Tulsa McCullough Park Next to Disney Elementary School, Christ View Christian Church and Martin Regional Library Within minutes of Eastgate Metroplex, an indoor mixed-use professional / retail complex with over 21 current employers. Within 15 minutes of Tulsa International Airport, Oxley Nature Center, Tulsa Gar- den Center at Woodward Park and the Tulsa Zoo.

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Page 1: Village East Apartments East Flyer.pdf36,872 10,342 1,061,565 4,517 397 85,302 311,765 Assessed Value: 3 1 S Bath Flat W/D 3 ABP 3 1 S W/D conn FP 3 / I Duplex w/ garage W/D Conn Total

918.557.5966

[email protected]

405.360.5966

[email protected]

235 Units 186,660 Net Rentable Sq. Ft. Price: $7,400,000 Price/Unit: $31,489 Price/Sq. Ft.: $39.64 Terms: Buyer to Obtain New Financing Cap Rate: 7.0% Going-In Cap Rate: 8.16% Proforma

Village East Apartments 11501 East 22nd Place, Tulsa, Oklahoma 74129

Offering Highlights

• 235-units— Built in 1971—Priced at $31,489 per unit

• 30-year ownership

• Midtown Tulsa

• Located near the intersection of E. 21st Street and S. Garnett Rd with easy ac-

cess to the Mingo Valley Expressway (Highway 169) and I-44

• Adjacent to City of Tulsa McCullough Park

• Next to Disney Elementary School, Christ View Christian Church and Martin

Regional Library

• Within minutes of Eastgate Metroplex, an indoor mixed-use professional / retail

complex with over 21 current employers.

• Within 15 minutes of Tulsa International Airport, Oxley Nature Center, Tulsa Gar-

den Center at Woodward Park and the Tulsa Zoo.

Page 2: Village East Apartments East Flyer.pdf36,872 10,342 1,061,565 4,517 397 85,302 311,765 Assessed Value: 3 1 S Bath Flat W/D 3 ABP 3 1 S W/D conn FP 3 / I Duplex w/ garage W/D Conn Total

Village East Apartments 11501 East 22nd Place, Tulsa, Oklahoma 74129