Griffin Capital Tulsa BTR Housing DST
OK
Property Type
Multifamily
Assumable Loan
46.5% LTV
721 Exchange Exit
None
Current Yield
4.42%
Minimum Investment
$100,000
Sponsor
Griffin Capital
Investment Description
Griffin Capital Tulsa BTR DST is offering accredited investors the opportunity to purchase beneficial interests in a Delaware Statutory Trust, which owns Meadow+Main, a 138-unit purpose-built, build-to-rent (“BTR”) community in the thriving submarket of Jenks, Oklahoma. Jenks is one of the most affluent and supply- constrained submarkets within the Tulsa MSA, supported by strong population growth, limited competing housing, and top-ranked schools.
Investment Highlights
- Griffin Capital Tulsa BTR DST is offering accredited investors the opportunity to purchase beneficial interests in a Delaware Statutory Trust, which owns Meadow+Main, a 138-unit purpose-built, build-to-rent (“BTR”) community in the thriving submarket of Jenks, Oklahoma.
- Meadow+Main is strategically located in Jenks, one of the Tulsa MSA’s most demographically strong, supply-limited submarkets. The Property is situated within the state’s #1-ranked public school district, driving durable resident demand for lower-density, more expansive housing options with high-quality amenities and professional management.
- The Jenks submarket has experienced population growth of 148% since 2010, with a median household income of roughly $111,000 within a one- mile radius.4 The submarket has a low unemployment rate of 3.5%.
- Meadow+Main is fully stabilized and has experienced strong leasing velocity and sustained renter demand since its completion in 2023. In-place rents offer an approximately 50% discount to homeownership, supporting affordability, tenant retention, and the potential for future rent growth. Residents also enjoy easy access to major retail, dining, and entertainment destinations, including Tulsa Hills Shopping Center and Tulsa Premium Outlets.
- High-quality construction and a robust amenity package position Meadow+Main as a stabilized, income-oriented investment well-suited for DST execution.
Net Income Projection
Year 1
4.42%
Year 2
4.42%
Year 3
4.49%
Year 4
4.51%
Year 5
4.53%
Year 6
4.64%
Year 7
4.84%
Year 8
5.11%
Year 9
5.43%
Year 10
5.76%
Average
4.81%
