918-671-7272
5623 S Quincy Ave, Tulsa, OK for Sale
Apartments - FOR SALE
1/44
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5623 S Quincy Ave
Tulsa, OK 74105
Heller Park


HIGHLIGHTS

  • Unrealized Value-Add Through Non-Revenue Unit Conversion
  • Recent CapEx and Future Development Opportunity
  • Superb Location with Strong Employment and Lifestyle Access

OVERVIEW

Colliers is pleased to present Cornerstone Apartments, a 26-unit multifamily community located in the heart of Tulsa, Oklahoma. Built in 1970, the property offers investors a stable, income-producing asset with clear value-add potential. Cornerstone includes a non-revenue unit—already separately metered for electricity—that can be converted into a rentable apartment, creating immediate upside with minimal capital investment. Ownership recently completed new roofs in 2022, providing long-term structural stability and reducing future capital exposure. The property also features an undeveloped 0.33-acre tract zoned multifamily, ideal for expansion or amenity development. Centrally located near I-44 and U.S. 75, Cornerstone sits minutes from Tulsa’s largest employment centers—including Saint Francis Health System, American Airlines, QuikTrip, and the Industrial Corridor—anchoring durable renter demand. This combination of location, stability, and accessible upside makes Cornerstone Apartments a compelling investment in one of Tulsa’s most proven multifamily submarkets. https://my.rcm1.com/buyer/slp?pv=Gxeu7Ln5QsaHi7YYU2j3MKZ6WS9d4OHCgCHWJdt26CQ

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

19

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cornerstone Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

37

LAND DETAILS

LAND ACRES

1.3 AC

LAND SF

56,628 SF

ZONING

RM1

APN/PARCEL ID

35725-93-31-08510,35725-93-31-08530

ASK ABOUT THIS PROPERTY

Jason TurnerColliersMore Info
918-671-7272

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Jason TurnerColliersMore Info
918-671-7272

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