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Waterstone Apartments 1054 E 57th Pl 243 Unit Apartment Building For Sale Tulsa, OK 74105
EXECUTIVE SUMMARY
Waterstone Apartments offers 243 garden-style units spread across 9.88 acres in Tulsa, Oklahoma, while centrally located to the main thoroughfare.
The property consists of 34 brick buildings constructed between 1965 and 2004, surrounded by spacious lawns, wide walkways to maximize privacy, accessibility,
and curb appeal.
Offering a diverse selection of floor plans, each unit is equipped with modern kitchens, attractive vinyl plank flooring and carpeting, and washer/dryer connections
making daily life effortless and comfortable.
The complex boasts premium amenities, including a vibrant clubhouse for social gatherings, three onsite laundry facilities, and an outdoor swimming pool perfect
for residents to relax.
Located in a designated Opportunity Zone, Waterstone Apartments provides investors with appealing tax incentives for favorable investment opportunities.
Waterstone Apartments has maintained strong occupancy over the years, reflecting the strength and resilience of Tulsa’s rental market and making this property an
attractive investment for steady returns.
The property consists of 34 brick buildings constructed between 1965 and 2004, surrounded by spacious lawns, wide walkways to maximize privacy, accessibility,
and curb appeal.
Offering a diverse selection of floor plans, each unit is equipped with modern kitchens, attractive vinyl plank flooring and carpeting, and washer/dryer connections
making daily life effortless and comfortable.
The complex boasts premium amenities, including a vibrant clubhouse for social gatherings, three onsite laundry facilities, and an outdoor swimming pool perfect
for residents to relax.
Located in a designated Opportunity Zone, Waterstone Apartments provides investors with appealing tax incentives for favorable investment opportunities.
Waterstone Apartments has maintained strong occupancy over the years, reflecting the strength and resilience of Tulsa’s rental market and making this property an
attractive investment for steady returns.
DATA ROOM Click Here to Access
PROPERTY FACTS
| Sale Type | Investment | Building Size | 172,690 SF |
| No. Units | 243 | Average Occupancy | 92% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1978/2016 |
| Apartment Style | Garden | Parking Ratio | 2.7/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 9.44 AC | ||
| Zoning | RM1 | ||
| Sale Type | Investment |
| No. Units | 243 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 9.44 AC |
| Building Size | 172,690 SF |
| Average Occupancy | 92% |
| No. Stories | 2 |
| Year Built/Renovated | 1978/2016 |
| Parking Ratio | 2.7/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | RM1 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Refrigerator
- Range
- Walk-In Closets
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- Laundry Facilities
- Playground
- Pool
- Property Manager on Site
- Sundeck
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 7 | - | 450 |
| 1+1 | 145 | - | 475 - 700 |
| 2+1 | 32 | - | 815 - 1,000 |
| 2+1.5 | 40 | - | 860 |
| 2+2 | 15 | - | 900 |
| 3+2 | 4 | - | 1,200 |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,155,215 CAD | |
| Land Assessment | $83,191 CAD | Total Assessment | $1,238,406 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$83,191 CAD
Improvements Assessment
$1,155,215 CAD
Total Assessment
$1,238,406 CAD
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Waterstone Apartments | 1054 E 57th Pl
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