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9743 E 12th St
Tulsa, OK 74128
Madison Park Apartments · Multifamily Property For Sale
·
128 Units
PROPERTY FACTS
| No. Units | 128 | Building Size | 108,800 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1973/2014 |
| Building Class | B | Parking Ratio | 1.85/1,000 SF |
| Lot Size | 5.73 AC | ||
| Zoning | RM2 | ||
| No. Units | 128 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 5.73 AC |
| Building Size | 108,800 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1973/2014 |
| Parking Ratio | 1.85/1,000 SF |
| Zoning | RM2 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Hardwood Floors
- Refrigerator
- Tub/Shower
- Walk-In Closets
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- Clubhouse
- Laundry Facilities
- Playground
- Property Manager on Site
- Laundry Service
- Package Service
- Storage Space
- Maintenance on site
ABOUT 9743 E 12TH ST , TULSA, OK 74128
Madison Park is exceptionally well located just west of 169 on E 11th street. The property has a terrific unit mix to take advantage of the large number of manufacturing and distribution companies within a 5 mile radius such as American Airlines, Hilti, Spirit Aerosystems, Melton Truck Lines, and West Corp. Additionally, the area boasts a several large technical colleges, Tulsa Tech and Tulsa Welding School, as well as a number of national and regional headquarters such as State Farm Regional HQ and Quicktrip Corporate HQ. Residents have easy access to a number of local grocery stores, shopping centers, as well as freeways with direct access to the Tulsa Central Business District. Average apartment occupancies within a 2 mile radius is 94.2% according to a recent Yardi Matrix report with average rents at $585 which equates to approx 0.69 cents per square foot. Madison Park's current average in place rent at $515 which is $70 dollars below average market.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 32 | $595.00 | 900 |
| 2+2 | 40 | $682.50 | 950 |
| 1+1 | 56 | $512.50 | 700 - 800 |
PROPERTY TAXES
| Parcel Number | 02390-94-07-07391 | Improvements Assessment | $644,655 |
| Land Assessment | $48,345 | Total Assessment | $693,000 |
PROPERTY TAXES
