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Updated about 7 years ago on . Most recent reply

User Stats

312
Posts
349
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Kevin S.
  • Accountant
  • Tulsa, OK
349
Votes |
312
Posts

Tulsa - First-timer multifamily questions

Kevin S.
  • Accountant
  • Tulsa, OK
Posted

Hey, I'm a first-timer with a few questions. I'm planning on looking to purchase a multifamily unit (probably a duplex) in a few months and I'm trying to get ahead on gathering information.  For those of you who have experience in the Tulsa market, do you have any suggestions on finding listings? Do you typically rely on a good agent to help you find properties (and if so do you recommend anyone)? Although I'm not yet ready to buy, I've been keeping an eye on some listings and it seems like multifamily units in Tulsa move FAST. 

Also, on the rental side of it all, what kind of vacancy percentages are you guys seeing (in general)?

Thanks for the help!

Most Popular Reply

Account Closed
  • Vendor
  • Atlanta, GA
47
Votes |
101
Posts
Account Closed
  • Vendor
  • Atlanta, GA
Replied

A List Broker can help you find a list of Multifamily Home Owners.

Here are some list statistics for Tulsa County:

1211 owners with 2-4 unit homes with a total of 1,660 properties in the county

618 of these owners are age 60 or older

1392 of the properties have a home market value under $200,000

867 of the multifamily properties were purchased more than 10 years ago

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