09/21/2026
Two remodeled tenant occupied 4/2s with garages in Tulsa's 74106, a quarter mile apart. Numbers below.
230 E Zion St — $180,000
Built 1940. Leased at $1,620 through 6/30/2027, managed by us since 2019. 6.65% cap at list on in-place rent, using 10% management, 1% tax, $1,000 insurance, 5% vacancy, 6% maintenance, 3% capex.
313 E Woodrow Pl — $180,000
Built 1950. Leased at $1,400 through 6/30/2027 — below the estimated $1,500–1,650 range for the pocket. Same assumptions: 5.5% cap in place, 6.5% at market rent. Priced on the renewal.
Photos & 360 tour available online. Pro forma on request that reflect these numbers. Management can stay with the new owner or not, no pressure either way.