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89 East Apartments

A 240-unit, 1997-vintage garden-style community sourced off-market and supported by a measured operating plan. Presented for accredited physicians seeking professionally managed private real estate opportunities.

PROPERTY OVERVIEW

An Established Community.
A Measured Plan Forward.

89 East is a 240-unit, 1997-vintage garden-style apartment community set on approximately 9.4 acres in South Tulsa. The property includes ten three-story residential buildings, with an average unit size of approximately 919 square feet.

All 240 unit interiors remain in classic condition, while the property itself has relatively limited deferred maintenance. The operating plan focuses on selective interior renovations, gradual loss-to-lease reduction, appropriate resident services and disciplined expense management.

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ACQUISITION BASIS

What Does It Mean For You?

$21.5M

Purchase Price

$87.5K

Acquisition Basis Per Unit

~$256K

Estimated Replacement Cost Per Unit

A Disciplined Starting Point

Long-Term Financing

Benefit from sustained rental growth and high occupancy potential in a sought-after urban regeneration zone.

A Defined Operating Plan

Sit Back and
Relax

Benefit from sustained rental growth and high occupancy potential in a sought-after urban regeneration zone.

The operating team handles day-to-day property execution. Meet the team by downloading the full investment deck.

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Access detailed financial projections, unit availability, and complete architectural specifications for 89 East Apartments.