Lakeshore

For Sale

107 E Kaw Avenue, Cleveland, OK 74020

This Cleveland property for sale is located at 107 E Kaw Avenue. Contact the listing broker for details on the current sale price for Lakeshore.

Contacts

broker
Sean Scott

GREA

broker
Esther Cho

GREA

broker
Nicholas Brown

GREA

Property Details

  • Property Type Other
  • Units 30
  • Additional Rent Contact for pricing
  • Year Built 1983
  • Date Updated Dec 20, 2024

Lakeshore Apartments is a 30-unit market-rate multifamily community located in Cleveland, OK, a community within the Pawnee County submarket of Tulsa, OK. The garden-style property was constructed in 1983 and is comprised of 4, one-story brick buildings with pitched composition shingle roofs. A separate property management office building is on-site, and ample parking is provided. Spacious one- and two-bedroom floor plans are offered with an average area of 848 square feet each. The well-maintained grounds span 2.46 acres and feature open green spaces with a variety of mature shade trees accenting the property. 

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Highlights

  • Owner-Managed 30-Unit Asset Built in 1983, Located in Cleveland, OK (Tulsa MSA)
  • Stabilized with Historic Occupancy of 90%+
  • Day 1 Cashflow with Upside and Opportunity to Increase Income Through Additional Fees
  • All 30 Units are Classic Interiors that can be renovated (In- Place Rents are $172 Below Competitors)
  • New Leases are Being Signed at$650 for 1BR and $750 for 2BR
  • Individually Metered with Ability to Bill Back for Water & Sewer up to $34,000 per year
  • Pawnee County has 6.1% YoY Rent Growth and 94.1% Average Occupancy

Getting around

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Location

  • City Cleveland, OK
  • Zip Code 74020
  • Market Tulsa

Points of Interest

  • Murphy USA

    0.70 miles

  • Joe’s Sinclair

    7.97 miles

  • Billy B's

    8.34 miles

  • Sunoco

    9.43 miles

  • Indian Electric Cooperative

    1.95 miles

  • Hot Pit

    9.48 miles

  • False Grid

    9.50 miles

  • Walmart Supercenter

    0.81 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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