Overview
23 East
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INVESTMENT FEATURES
12
.
13
.
24
Acquisition Date
$
26
.
7
M
Transaction Size
17
.
79
%
Realized Gross IRR
1
.
53
x
Realized Gross Equity Multiple

23 East

Tulsa, OK

Fund:

Fund I

Type:

Multifamily

Size:

223,345 SF

Key TenantS:

Address:

11321 E 23rd Street
Tulsa, OK 74129

Transaction Details

Property Description

23 East is a 235 Unit garden style multifamily asset purchased in an off-market transaction at favorable pricing. The asset is structurally in strong condition, but had suffered from inefficient management. The asset is in a strong workforce area of Tulsa OK, and the renovation plan includes improvements to the pool area, unit interiors, and other amenities.

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