The Summerglen

Single Family

1519

Sqft

2023

Details
Financials
Performance

$241,879

Purchase Price

$1,795

Rent / Mo

Refinance Candidate

Property Leverage

29433 East 79th Place South, Broken Arrow, OK 74014

About

The Summerglen is a 4-bedroom, 2-bathroom home with an attached 2-car garage in Broken Arrow, Oklahoma. It features an open floor plan with large family and dining rooms, spacious bedrooms with walk-in closets, and a lovely kitchen fully equipped with energy-efficient appliances. Outside, you'll find a covered back porch and a good-sized backyard, creating an excellent space for entertaining and relaxing.

Tenant Leasing Process

The time needed to sign the first tenant lease is variable and can depend on several factors including seasonality and whether the property requires any sort of renovation. Historically the average time to lease has been 45 days and has ranged from a minimum of 7 days to over 90 days. For more details on each status, check out the different rental statuses here.

Rented

Rental Status

The Market

Tulsa, OK

Tulsa, Oklahoma, is a vibrant and diverse city in the heart of the United States. With a population of over 400,000, it's the state's second-largest city and serves as a hub for commerce, industry, and culture. Its economy is driven by various industries, including healthcare, finance, aerospace, and manufacturing. However, energy has been the most important economic driver as Tulsa has abundant natural resources, including oil and gas. In fact, Tulsa was once known as the "Oil Capital of the World." In addition to its robust economy, Tulsa is known for its rich cultural heritage. It is home to a vibrant arts community, with countless museums, galleries, and theaters showcasing local and international talent. With a strong economy and a thriving cultural scene, Tulsa offers something for everyone, making it an attractive destination for businesses and individuals alike.

Documents

Common Questions

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For those looking to build or add to their portfolio without investing in individual rental properties, the Arrived Single Family Residential Fund is an ideal option due to its always-available investment experience, immediate diversification, and access to liquidity.