Brookwood on 86th presents an attractive investment opportunity in the growing Tulsa MSA, located in the thriving community of Owasso, Oklahoma. This 100-unit multifamily property spans 5.88 acres and maintains a strong occupancy rate of 95–99%, reflecting consistent tenant demand. Built in 1974, the property offers a diverse unit mix of one-, two-, and three-bedroom floor plans, catering to a broad tenant base.
The property benefits from its strategic location near major transportation corridors, retail centers, and employment hubs, providing residents with convenient access to shopping, dining, and services. Owasso’s strong economic fundamentals, coupled with its proximity to Tulsa, support long-term rental stability and growth potential.
With an average rent per unit of $1,167 and a balanced mix of standard and premium units, Brookwood on 86th offers investors the opportunity to capture additional value through interior upgrades and operational efficiencies. The property’s established performance and favorable market dynamics make it a compelling acquisition for investors seeking stable cash flow and upside potential in a high-demand submarket.