Evaluating a Tulsa, OK Rehab Deal – Seeking Advice & Connections!"

[Will Powers]

Investment Info:

Other commercial investment investment.

Purchase price: $220,000
Cash invested: $220,000
Sale price: $250,000

Deal Overview: 7 N Harvard Ave, Tulsa, OK
Property Type: Commercial (formerly a bakery & cannabis dispensary, potential multifamily conversion)
Condition: Needs rehab
Purchase Price: $220K
Investment Strategy: Flip, Rental, BRRRR
7 N Harvard Ave is a unique commercial property in Tulsa, formerly a bakery and cannabis dispensary, now a strong flip, rental, or BRRRR opportunity. Priced at $220K, it needs rehab and has potential for multifamily conversion. Looking for insights and networking.

What made you interested in investing in this type of deal?

BRRRR: Rehab, rent, and refinance to pull out equity while maintaining long-term cash flow.
Flip: Sell post-renovation at ARV for a profitable exit.
Rental: Convert into a long-term rental or explore short-term rental potential for higher cash flow.
I’m currently evaluating the best approach and open to insights from investors experienced in commercial conversions, BRRRR, and Tulsa’s local market. Let’s connect!

How did you find this deal and how did you negotiate it?

Realtor contacted seller

How did you finance this deal?

Personal finances of $220K.