New Offering: 91 Units with Value-Add Upside in Tulsa, OK

Offering Materials: One Five Apartments

Capstone Apartment Partners is pleased to present One Five Apartments. One Five Apartments is comprised of 91 units and represents a perfect opportunity to acquire a well-located asset positioned to benefit from the completion of the existing value-add program. Surrounded by residential neighborhoods and conveniently located fronting E 15th Street, residents of One Five Apartments can easily access downtown Tulsa and the most significant employers within the Tulsa MSA. The lack of competing multi-family properties coupled with strong demographics and solid multi-family fundamentals provides a perfect canvas for new ownership to build on. With over $1 million in CapEx invested in the property, new ownership can focus on building out the current value-add program and implementing new initiatives to drive revenue growth.

Investment Highlights:

Ideal Value-Add Opportunity
Opportunity to Recapture Water, Sewer, and Electricity Expenses
Stable Submarket with Limited Immediate Competition & No New Deliveries
Solid Midtown Tulsa Submarket Demographics

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