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Brookwood on 86th 1311 N Ash Pl 100 Unit Apartment Building For Sale Owasso, OK 74055
Investment Highlights
- Significant Recent & Targeted Capital Investment
- In-Unit Washer & Dryer Upside Opportunity
- Strong occupancy levels between 95% and 99%, demonstrating consistent tenant demand.
- Interior Value-Add Strategy
- High-Growth Suburban Submarket Supported by Strong Demographics & Diverse Employment Base
Executive Summary
Brookwood on 86th presents an attractive investment opportunity in the growing Tulsa MSA, located in the thriving community of Owasso, Oklahoma. This 100-unit multifamily property spans 5.88 acres and maintains a strong occupancy rate of 95–99%, reflecting consistent tenant demand. Built in 1974, the property offers a diverse unit mix of one-, two-, and three-bedroom floor plans, catering to a broad tenant base.
The property benefits from its strategic location near major transportation corridors, retail centers, and employment hubs, providing residents with convenient access to shopping, dining, and services. Owasso’s strong economic fundamentals, coupled with its proximity to Tulsa, support long-term rental stability and growth potential.
With an average rent per unit of $1,167 and a balanced mix of standard and premium units, Brookwood on 86th offers investors the opportunity to capture additional value through interior upgrades and operational efficiencies. The property’s established performance and favorable market dynamics make it a compelling acquisition for investors seeking stable cash flow and upside potential in a high-demand submarket.
The property benefits from its strategic location near major transportation corridors, retail centers, and employment hubs, providing residents with convenient access to shopping, dining, and services. Owasso’s strong economic fundamentals, coupled with its proximity to Tulsa, support long-term rental stability and growth potential.
With an average rent per unit of $1,167 and a balanced mix of standard and premium units, Brookwood on 86th offers investors the opportunity to capture additional value through interior upgrades and operational efficiencies. The property’s established performance and favorable market dynamics make it a compelling acquisition for investors seeking stable cash flow and upside potential in a high-demand submarket.
Property Facts
| Sale Type | Investment | Lot Size | 5.88 AC |
| No. Units | 100 | Building Size | 70,936 SF |
| Property Type | Multifamily | Average Occupancy | 98% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built | 1974 |
| Building Class | C | Parking Ratio | 2.48/1,000 SF |
| Zoning | RM1 | ||
| Sale Type | Investment |
| No. Units | 100 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 5.88 AC |
| Building Size | 70,936 SF |
| Average Occupancy | 98% |
| No. Stories | 3 |
| Year Built | 1974 |
| Parking Ratio | 2.48/1,000 SF |
| Zoning | RM1 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Tile Floors
- High Speed Internet Access
- Refrigerator
- Walk-In Closets
- Carpet
- Lawn
- Patio
Site Amenities
- Clubhouse
- Laundry Facilities
- Picnic Area
- Playground
- Pool
- Property Manager on Site
- Basketball Court
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 24 | - | 548 |
| 2+1 | 52 | - | 670 |
| 3+1.5 | 24 | - | 856 |
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Property Taxes
| Parcel Number | 61115-14-19-59360 | Improvements Assessment | $893,711 CAD |
| Land Assessment | $49,753 CAD | Total Assessment | $943,464 CAD |
Property Taxes
Parcel Number
61115-14-19-59360
Land Assessment
$49,753 CAD
Improvements Assessment
$893,711 CAD
Total Assessment
$943,464 CAD
Contacts
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Ryan Gorman -
Mike Marrara -
Jason Turner -
David Dirkschneider -
Chris Kennedy -
Ryan Chapman -
Shana Avison -
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Brookwood on 86th | 1311 N Ash Pl
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