405-239-1262
1301-1379 E 63rd St, Tulsa, OK for Sale
Apartments - FOR SALE
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1301-1379 E 63rd St
Tulsa, OK 74136
South Tulsa


OVERVIEW

Call for pricing River Glen Townhomes presents a high-upside, value-add investment opportunity the growing Tulsa multifamily market. This 117-unit, garden-style community is currently underperforming, offering low occupancy and significant repositioning potential for investors looking to stabilize and enhance an asset in a a strong rental market. The property requires substantial capital improvements, providing and opportunity to renovate unit interiors, improve community amenities, and optimize management efficiencies to significantly increase occupancy and rental income. With its prime location, River Glen Townhomes benefits from the proximity to major employment hubs and retail centers, ensuring a long-term demand once repositioned. For investors seeking a true value-add opportunity, this asset offers tremendous upside potential through strategic renovations and lease-up efforts.

FOR SALE DETAILS

PRICE

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# OF UNITS

118

CAP RATE

Request Cap Rate

% LEASED

36%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

River Glenn

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

PARKING SPACES

160

LAND DETAILS

LAND ACRES

3.55 AC

LAND SF

154,616 SF

ZONING

RM2

APN/PARCEL ID

44175-83-06-04080

ASK ABOUT THIS PROPERTY

Dirk ErdoesPrice Edwards & CompanyMore Info
405-239-1262

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Dirk ErdoesPrice Edwards & CompanyMore Info
405-239-1262

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.