5623 S Quincy Avenue,Tulsa, OK 74105
Tulsa, OK 74105
Description
Welcome to Cornerstone Apartments! A 26-unit multifamily community located in the heart of Tulsa, Oklahoma. Built in 1970, the property offers investors a stable, income-producing asset with clear value-add potential. Cornerstone includes a non-revenue unitalready separately metered for electricitythat can be converted into a rentable apartment, creating immediate Executive Summary Investment Highlights upside with minimal capital investment. Ownership recently completed new roofs in 2022, providing long-term structural stability and reducing future capital exposure. The property also features an undeveloped 0.33-acre tract zoned multifamily, ideal for expansion or amenity development. Centrally located near I-44 and U.S. 75, Cornerstone sits minutes from Tulsa’s largest employment centersincluding Saint Francis Health System, American Airlines, QuikTrip, and the Industrial Corridoranchoring durable renter demand. This combination of location, stability, and accessible upside makes Cornerstone Apartments a compelling investment in one of Tulsa’s most proven multifamily submarkets.
Details
| MLS # | 2605737 |
|---|---|
| Listing Type | For Sale |
| Style | Apartment |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1970 |
| Days On Site | 35 |
| Listing Provided By | Office Staging Realty | Megan Dowell |
Features
| SQ Feet | 15,440 |
|---|---|
| Zoning | RM1 |
| Acreage | 0.66 |
Taxes
| Tax Annual Amount | 13848 |
|---|
Area Information
| State | OK |
|---|---|
| County | Tulsa |
| City | Tulsa |
| Zip Code | 74105 |
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Learn More About This Property
| State | OK |
|---|---|
| County | Tulsa |
| City | Tulsa |
| Zip Code | 74105 |