Autumn Ridge Apartments presents a significant multifamily investment opportunity in Tulsa, Oklahoma. This 182-unit garden-style community spans more than six acres and offers a balanced unit mix ranging from studios to three-bedroom apartments. With a current occupancy of approximately 95.6%, the property provides immediate income stability while allowing investors to implement value-add strategies through interior upgrades and operational efficiencies.
The asset is positioned along South Memorial Drive, a primary thoroughfare offering strong connectivity throughout Tulsa. The surrounding area features a robust employment base, access to retail amenities, and proximity to key transportation arteries including I-44 and U.S. Route 64, enhancing mobility for residents. Tulsa’s multifamily market benefits from steady demand supported by economic diversity, creating strong long-term growth potential for owners focused on repositioning or sustained hold strategies.
The property includes generous green space and multiple courtyards, offering opportunities for enhanced common area amenities. Additionally, rentable space per unit averages over 767 square feet, aligning with renter preferences for larger living areas. With existing occupancy strength and market-supported rental trends, Autumn Ridge offers both immediate revenue streams and room for rent growth through renovations, making it a compelling acquisition for investors seeking operational upside and continued market momentum in Oklahoma’s second-largest city..
The property benefits from strong workforce housing demand driven by its proximity to Tulsa International Airport, the Eastgate Metroplex, Tulsa’s industrial corridor, and several of the region’s largest employers, including Saint Francis Health System, American Airlines, Ascension St. John, and Hillcrest Health System. Combined with excellent commuter connectivity and long-term economic stability throughout the Tulsa metro, Autumn Ridge offers investors the opportunity to acquire a well-positioned multifamily asset within one of Tulsa’s most established residential corridors.