This Multifamily Property is no longer advertised on LoopNet.com.

5900 Mosteller Dr
Oklahoma City, OK 73112
AUCTION 22 Condos in Historic Founders Tower · Multifamily Property For Sale · 72 Units

Investment Highlights

  • 22 Condos in Founders Tower Auctions 12pm Thursday October 14 on site, or Bid live online at auctionnetwork.com
  • HOA amenities include indoor and outdoor saltwater pools, fitness center, club room with billiards and more.
  • Open Public Inspections 10-5pm Saturday & Sunday October 2 & 3
  • Some Sell individually, with Reserve and other Sell Buyer's Choice with first property chosen to sell without reserve

Executive Summary

Oct 14 Auction - 22 Condos in Historic Founders Tower, Oklahoma City, OK 5900 Mosteller Dr, Oklahoma City, OK 73112 Open Public Inspections 10-5pm Saturday & Sunday October 2 & 3 Coming to auction in October are 22 condos in one of Oklahoma City's most well-known landmarks Founders Tower. Built in 1963, this 20-story tower is a prime example of Googie-style design by Hudgins, Thompson, Ball & Associates, and was the second building in the nation to have a revolving restaurant. Though the restaurant no longer revolves, and thanks to a $50mil renovation in 2007-2008 converting the office space to residential condos, the building still has a lot to offer in upscale living and was listed on the 2013 National Register of Historic Places. Oct 14 Auction - 22 Condos in Historic Founders Tower, Oklahoma City, OK 5900 Mosteller Dr, Oklahoma City, OK 73112 Open Public Inspections 10-5pm Saturday & Sunday October 2 & 3 Coming to auction in October are 22 condos in one of Oklahoma City's most well-known landmarks Founders Tower. Built in 1963, this 20-story tower is a prime example of Googie-style design by Hudgins, Thompson, Ball & Associates, and was the second building in the nation to have a revolving restaurant. Though the restaurant no longer revolves, and thanks to a $50mil renovation in 2007-2008 converting the office space to residential condos, the building still has a lot to offer in upscale living and was listed on the 2013 National Register of Historic Places. Now is your chance to own a piece of that history by buying one, some, or all of the available 22 units in a competitive auction setting. HOA amenities include indoor and outdoor saltwater pools, fitness center, club room with billiards and more. HOA monthly dues include water, basic cable, high-speed internet, and exterior building in HOA monthly dues include water, basic cable, high-speed internet, and exterior building insurance. Add up what you currently pay for these, plus, yard maintenance, security, gym membership, etc. & you will see the value of condo living! Located near I-44, Integris Hospital, restaurants, & shopping. Auctions 12pm Thursday October 14 on site, or Bid live online at auctionnetwork.com Prefer not to wait for the auction? Submit a Pre-Auction Offer! williamsauction.com/OKC 800.801.8003 Group 1 Sell individually, with Reserve · Unit 144 - 1,600+/- sf of living space, walls of windows with the city's best views, modern amenities, concierge, private parking for 2 cars, and so much more. HOA Dues $1,026.44. · Unit 191 - Luxury penthouse living with a "million-dollar view" of the OKC downtown and metroplex from the 19th floor of this 3BR, 3.5BA, 3,398+/- sf, 5 balcony condo with floor to ceiling skyline views. HOA dues $2,338.40. Currently on a 3-month lease for $4,500/month. · Unit 192 - 3,148+/- sf 3BR 2BA condo penthouse HOA dues are $2,216.32. Currently on a verbal month-to-month lease for $2,500/month. Group 2a - Jefferson Floor Plans Sell Buyer's Choice with first property chosen to sell without reserve · Unit 33 - 1,152+/- sf 1BR 1.5BA condo unit with a Jefferson Floorplan. HOA dues are $716.52. · Unit 43 - 1,152+/- sf 1BR 1.5BA condo unit with a Jefferson Floorplan. HOA dues are $716.52. · Unit 53 - 1,152+/- sf 1BR 1.5BA condo unit with a Jefferson Floorplan. HOA dues are $732.46 Currently on a month-to-month lease for $2,225/month. · Unit 63 - 1,152+/- sf 1BR 1.5BA condo unit with a Jefferson Floorplan. HOA dues are $732.46. · Unit 73 - 1,152+/- sf 1BR 1.5BA condo unit with a Jefferson Floorplan. HOA dues are $757.88. Group 2b/Adams Floor Plans Sell Buyer's Choice with first property chosen to sell without reserve · Unit 31 - 1,348+/- sf 1BR 1.5BA condo unit with the Adams floorplan. HOA dues are $782.29. Currently on a month-to-month lease for $2,010/month. · Unit 41 - 1,348+/- sf 1BR 1.5BA condo unit with the Adams floorplan. HOA dues are $782.29. · Unit 51 - 1,348+/- sf 1BR 1.5BA condo unit with the Adams floorplan. HOA dues are $798.23. Walls of windows with some of the city's best views, modern amenities, concierge, private parking for 2 cars and so much more. Currently on a month-to-month lease for $2,250/month. · Unit 61 - 1,348+/- sf 1BR 1.5BA condo unit with the Adams floorplan. HOA dues are $798.23. Currently on a week-to-week lease for $2,500/month. · Unit 71 - 1,348+/- sf 1BR 1.5BA condo unit with the Adams floorplan. HOA dues are $822.65. Currently on a month-to-month lease for $2,423/month. · Unit 81 - 1,348+/- sf 1BR 1.5BA condo unit with the Adams floorplan. HOA dues are $822.65. Luxury living on the 8th floor of Founders tower in this large condo with floor to ceiling views of downtown OKC. Located near I-44, Integris, restaurants, and shopping. The unit has balconies to enjoy the city view, granite counter tops, stainless steel appliances, stackable washer/dryer & whirlpool tub. Currently on a month-to-month lease for $2,486/month. Group 2c/Jefferson Floor Plans Sell Buyer's Choice with first property chosen to sell without reserve · Unit 83 - 1,152+/- sf 1BR 1.5BA condo unit with the Jefferson floor plan HOA dues are $757.88. · Unit 93 - 1,152+/- sf 1BR 1.5BA condo unit with the Jefferson floor plan HOA dues are $765.35. Welcome home to your 9th floor home at Founder's Tower. With almost 1200 sf of living space, walls of windows with views for miles. · Unit 103 - 1,152+/- sf 1BR 1.5BA condo unit with the Jefferson floor plan HOA dues are $765.35. Currently on a month-to-month lease for $2,428/month. · Unit 113 - 1,152+/- sf 1BR 1.5BA condo unit with the Jefferson floor plan HOA dues are $782.29. Currently on a month-to-month lease for $2,315/month. · Unit 143 - 1,152+/- sf 1BR 1.5BA condo unit with the Jefferson floor plan HOA dues are $798.23. · Unit 153 - 1,305+/- sf 1BR 1.5BA condo unit with the Jefferson floor plan. HOA dues are $847.07.This 15th floor unit features beautiful lake views and sunsets. Group 2d- Franklin Floor Plans Sell Buyer's Choice with first property chosen to sell without reserve · Unit 34 - 1,617+/- sf 2BR 2.5BA condo unit with the Franklin floor plan. HOA dues are $952.20. Luxury living on the 3rd floor of Founders Tower with floor to ceiling views. The condo has 3 balconies, granite counter tops, stainless steel appliances, stackable washer, and dryer, & whirlpool tub. Currently on a month-to-month lease for $1,943/month. · Unit 54 - 1,617+/- sf 2BR 2.5BA condo unit with the Franklin floor plan. HOA dues are $960.67. Buyer's Choice? In Buyer’s Choice, Bidders are competing for “the right to choose first.” The high bidder may choose one, some or all of the properties or parcels with the total price equaling the High Bid multiplied by the number of parcels chosen. Then bidding begins again and the subsequent high bidder now wins the right to choose next. Buyer’s premium may apply. Williams & Williams 7140 S. Lewis Ave Ste 200, Tulsa, OK 74136 OK Broker: Phil Heiliger Re Lic 129912

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
No. Units 72
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Hi-Rise
Building Class B
Lot Size 4.65 AC
Building Size 178,000 SF
Average Occupancy 82%
No. Stories 20
Year Built/Renovated 1964/2008
Parking Ratio 1.69/1,000 SF
APN / Parcel ID
146091305
  • 208021110
  • 208021120
  • 208021140
  • 208021270
  • 208021300
  • 208021440
  • 208021510
  • 208021570
  • 208021590
  • 208021640
  • 208021750
Zoning PUD

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Washer/Dryer Hookup
  • Heating
  • Tile Floors
  • Granite Countertops
  • High Speed Internet Access
  • Stainless Steel Appliances
  • Carpet
  • Recreation Room

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Fitness Center
  • Laundry Facilities
  • Property Manager on Site
  • Elevator
  • Maintenance on site
  • Listing ID: 24017905

  • Date on Market: 9/1/2021

  • Last Updated:

  • Address: 5900 Mosteller Dr, Oklahoma City, OK 73112

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}