Tulsa Real Estate Investment Pros Wrap Up $18m Multifamily Property Sale

Posted by PRC Agency
16
Nov 12, 2024
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Eastgate Sold For $18 Million Thanks To This Firm.

As a HNWI, you’re looking for proof of quality before you partner with real estate investment firms. You want to know that you can get a return that makes property deals worth your while. In Tulsa, Vesta Capital presents lucrative projects that have generated truly impressive figures for its investors. Take Eastgate for example; bought for $12,360,000, sold for just over $18 million!

Click https://vestarealproperty.com/news-release/vesta-capitals-stellar-property-management-drives-18m-sale-of-eastgate-multifamily-community/ to learn more.

Vesta Capital recognized the potential of this 240-unit multifamily apartment community - thanks to its stellar property management efforts, the firm achieved a remarkable 1.55x equity multiple. Needless to say, these experts know their business - so if your business is investing, you’re in luck.

Capital in Safe Hands

Vesta Capital is committed to delivering substantial investment profits - and Eastgate is the proof. Divested for $75,500 per unit, Eastgate generated a lofty 17.8% return. Given the challenges of the current market, this figure is all the more striking.

Exciting joint ventures are always within your reach when you make Vesta Capital your equity partner. Headed by the firm’s founder and CEO, Marc Kulick, Vesta Capital’s team can modernize property units and deploy proven strategies tailored to boost each project’s ultimate profitability. That benefits everyone involved - especially you.

“The value created at Eastgate was the direct result of our dedicated team, particularly our property manager and her excellent team, executing the business plan and significantly increasing the NOI,” said Kulick. “This sale is significant as it marks our second successful exit in six months - a period when accretive sales have been scarce industry-wide.”

The company is extremely proud of its Eastgate deal - and many more sales are coming in the future.

Its portfolio grows…

Vesta Capital’s wider portfolio features more than 10,000 units spanning Oklahoma, Arkansas, and Kansas. Class A, B, and C+ asset investment and management is this team’s bread and butter - so it’s no wonder they’ve been able to drive positive sales figures in areas ranging from Tulsa and Oklahoma City to Little Rock and Wichita.

InVesta with Vesta

You can trust Vesta Capital’s experienced professionals to thoroughly assess and unearth financially viable projects. The goal? A sustainable rate of return and ongoing revenue for investors like you - regardless of the market’s cap rates. 

Its asset management branch is distinct for the undivided operational attention given to its properties. That means “no” to outsourcing - and “yes” to a comprehensive approach that maximizes profit margins for all parties. 

Eastgate shows exactly what Vesta Capital can do. Is your project next?

Vesta Capital City: Tulsa Address: 6911 S 66th E Ave Website: https://www.vestarealproperty.com/
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