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Wood Creek Apartments 11107 E Brady St 160 Unit Apartment Building $13,000,000 ($81,250/Unit) Tulsa, OK 74116
Investment Highlights
- Recently Stabilized with Strong Operating Momentum
- Recent Significant Cap-Ex
- Proven Value-Add Program
- Superb Location with Strong Demographics and Employment Access
Executive Summary
olliers is pleased to introduce Wood Creek Apartments, a 160-unit multifamily community located in Tulsa, Oklahoma. Built in 1970, the property has benefited from significant recent capital investment, including extensive exterior and systems upgrades such as new siding, staircases, roofing, and paint. Interior renovations have been completed on a portion of the units, with proven leasing demand and strong rental premiums being achieved. This proven value-add program presents new ownership with a clear opportunity to further enhance returns through continued renovations.
Wood Creek also benefits from a historically high occupancy rate and a strategic location just off I-244 and Highway 169, offering residents convenient access to major employers including Amazon, American Airlines, and Tulsa International Airport. With strong in-place cash flow, value-add upside, and durable tenant demand, Wood Creek represents an attractive investment in one of Tulsa’s most stable and well-connected submarkets.
Wood Creek also benefits from a historically high occupancy rate and a strategic location just off I-244 and Highway 169, offering residents convenient access to major employers including Amazon, American Airlines, and Tulsa International Airport. With strong in-place cash flow, value-add upside, and durable tenant demand, Wood Creek represents an attractive investment in one of Tulsa’s most stable and well-connected submarkets.
Property Facts
| Price | $13,000,000 | Lot Size | 9.16 AC |
| Price Per Unit | $81,250 | Building Size | 152,304 SF |
| Sale Type | Investment | Average Occupancy | 95% |
| No. Units | 160 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1970/2005 |
| Property Subtype | Apartment | Parking Ratio | 1.99/1,000 SF |
| Apartment Style | Garden | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | CS | ||
| Price | $13,000,000 |
| Price Per Unit | $81,250 |
| Sale Type | Investment |
| No. Units | 160 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 9.16 AC |
| Building Size | 152,304 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built/Renovated | 1970/2005 |
| Parking Ratio | 1.99/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | CS |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Fireplace
- Kitchen
- Refrigerator
- Range
- Walk-In Closets
- Wheelchair Accessible (Rooms)
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Playground
- Property Manager on Site
- Pet Play Area
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 32 | - | 745 |
| 2+1 | 112 | - | 964 |
| 3+2 | 16 | - | 1,281 |
Property Taxes
| Parcel Number | 37080-04-31-17400 | Improvements Assessment | $1,000,538 |
| Land Assessment | $65,857 | Total Assessment | $1,066,395 |
Property Taxes
Parcel Number
37080-04-31-17400
Land Assessment
$65,857
Improvements Assessment
$1,000,538
Total Assessment
$1,066,395
Contacts
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Ryan Gorman -
Mike Marrara -
Jason Turner -
David Dirkschneider -
Chris Kennedy -
Shana Avison -
Ryan Chapman -
Colliers
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Wood Creek Apartments | 11107 E Brady St
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