632 S Quincy Ave - Apartments FOR SALE


Tulsa, OK 74120
$750,000 USD
918-850-2289
632 S Quincy Ave, Tulsa, OK for Sale
$750,000 USD
Apartments - FOR SALE
1/7
null | 6.95% Cap Rate

632 S Quincy Ave
Tulsa, OK 74120


HIGHLIGHTS

  • Excellent Location with easy access to Downtown
  • Restaurants and Bars within walking distance
  • Off Street Parking
  • Downtown Views
  • New Electric wired in some of the units
  • Coin operated laundry in basement

OVERVIEW

Discover this charming 10-unit apartment building, a rare gem built in 1938, offering timeless character and modern potential. Situated in Tulsa's vibrant Pearl District, this property boasts easy access to downtown, stunning skyline views, and a prime location in one of the city's most desirable neighborhoods. With rents currently below market rates for good-sized one bedroom, one bath units, this property presents a significant value-add opportunity for a savvy investor. The spacious on-site parking lot offers additional potential for improvement—pave the area and add carports to enhance tenant convenience and justify higher rental rates. Don't miss this chance to own a historic property with tremendous upside in a thriving area. Contact us today to learn more about this unique investment opportunity!

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$114 USD /SF

# OF UNITS

10

PRICE/UNIT

$75,000

CAP RATE

6.95%

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Central Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1938

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

RS4

APN/PARCEL ID

12025-93-06-03620

ASK ABOUT THIS PROPERTY

Jonathan GobboKeller Williams Realty PreferredMore Info
918-850-2289

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Jonathan GobboKeller Williams Realty PreferredMore Info
918-850-2289

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