918-704-4829
1713 S Memorial Dr, Tulsa, OK for Sale
Apartments - FOR SALE
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1713 S Memorial Dr
Tulsa, OK 74112
O'Connor Park


HIGHLIGHTS

  • Extensive Recent Capital Improvements Nearing $3 Million
  • Proven Value-Add Opportunity
  • Strategic Tulsa Location with Exceptional Employment Access
  • 182-unit garden-style community located on a high-visibility corridor in Tulsa.
  • Diverse unit mix from studios to three-bedroom layouts, averaging 767 SF per unit.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

182

CAP RATE

Request Cap Rate

% LEASED

92%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Autumn Ridge Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1968

PARKING SPACES

325

LAND DETAILS

LAND ACRES

6.15 AC

LAND SF

267,894 SF

ZONING

RM2

APN/PARCEL ID

09450-93-12-00020,09455-93-12-04040

ASK ABOUT THIS PROPERTY

Ryan GormanColliersMore Info
918-704-4829

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Ryan GormanColliersMore Info
918-704-4829

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