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6951 E 15th Pl
Tulsa, OK 74112
Apex at Midtown · Multifamily Property For Sale · 91 Units

PROPERTY FACTS

No. Units 91
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 2.99 AC
Building Size 99,550 SF
Average Occupancy 96%
No. Stories 2
Year Built/Renovated 1962/2022
Parking Ratio 1.35/1,000 SF
Zoning RM2

AMENITIES

UNIT AMENITIES

  • Dishwasher
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

SITE AMENITIES

  • 24 Hour Access
  • Pool

ABOUT 6951 E 15TH PL , TULSA, OK 74112

This property has struggled with low occupancy which wasn’t helped out by the down units. The owner’s put a new on-site manager in place in September, and she worked to get the property turned around. They have brought occupancy up, with now only two vacant units. They also worked to get some of the expenses under control. For instance, they went through all of the units and noted the minor water leaks, such as the dripping faucets. Those minor fixes have resulted in lowered water bills. This improved management has helped the property become more stabilized. The current owner has been working on some projects on the property as well. They have brought all but 2 of the down units from a fire a few years ago back up to par. They have also replaced several of the stairs and balconies. A new owner could continue the programs that the new manager has implemented and could continue to see added value.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 22575-93-11-06920
  • 22575-93-11-06940
Land Assessment
$28,500
Improvements Assessment
$317,243
Total Assessment
$345,743
  • Listing ID: 13021119

  • Date on Market: 6/28/2018

  • Last Updated:

  • Address: 6951 E 15th Pl, Tulsa, OK 74112

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