405-239-1262
2217 E 59th St, Tulsa, OK for Sale
Apartments - FOR SALE
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2217 E 59th St
Tulsa, OK 74105
Heller Park


OVERVIEW

Call for pricing London Square Apartments presents a high-upside value-add investment opportunity in the Tulsa multifamily market. This 173-unit garden-style community is currently underperforming, offering low occupancy and significant repositioning potential for investors looking to stabilize and enhance an asset in a strong rental submarket. The property requires substantial capital improvements, providing an opportunity to renovate unit interiors, improve community amenities, and optimize management efficiencies to significantly increase occupancy and rental income. With its prime South Tulsa location, London Square benefits from proximity to major employment hubs, retail centers, and top-rated schools, ensuring long-term demand once repositioned. For investors seeking a true value-add opportunity, this asset offers tremendous upside potential through strategic renovations and lease-up efforts.

FOR SALE DETAILS

PRICE

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# OF UNITS

173

CAP RATE

Request Cap Rate

% LEASED

51%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Crossing at Southern Hills

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

250

LAND DETAILS

LAND ACRES

5.99 AC

LAND SF

261,030 SF

ZONING

RS-2

APN/PARCEL ID

99331-93-31-23250

ASK ABOUT THIS PROPERTY

Dirk ErdoesPrice Edwards & CompanyMore Info
405-239-1262

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Dirk ErdoesPrice Edwards & CompanyMore Info
405-239-1262

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