Cornerstone Apartments Multi-Family FOR SALE


Tulsa, OK - Heller Park
$1,950,000 USD
918-671-7272
, Tulsa, OK for Sale
$1,950,000 USD
Multi-Family - FOR SALE
1/2
null | 8.67% Cap Rate

Cornerstone Apartments
Tulsa, OK
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.

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.