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4739 Fulton AveTulsa, OK 74135

88-unit apartment building, high occupancy, strong ROI potential.

Overview

Added:
Dec 11, 2024
Days on market:
113
This well-maintained 88-unit apartment building, constructed in 1978, presents a compelling investment opportunity in Tulsa, Oklahoma. Located at 4739 S Fulton Ave, Tulsa County, zip code 74135, this gated and access-controlled property boasts a current occupancy rate of 94%, demonstrating strong tenant demand. Significant recent capital expenditures have minimized deferred maintenance, making this a turnkey asset. The property's strategic location offers proximity to St. Francis Hospital, a major Tulsa employer, and key employment corridors along Highway 51 and Interstate 44. A simple, proven value-add strategy—installing washers and dryers in the remaining units—offers the potential for a substantial return on investment, estimated at up to 24%. This multifamily property represents a rare opportunity to acquire a well-positioned, high-performing asset with significant upside potential in a thriving market. The property is situated in a desirable submarket, further enhancing its investment appeal. This is an exceptional opportunity for investors seeking a stable, income-generating asset with clear potential for growth.

Highlights

  • Extensive recent capital improvements; well-maintained building.
  • Clear value-add opportunities with straightforward execution.
  • Prime location in a strategic submarket.

Property Details for 4739 Fulton Ave

Property type
Apartment buildings
Year Built
1978
Units
88

Location Insight

City
Tulsa
County
Tulsa
State
Oklahoma
Latitude
36.0935832
Longitude
-95.9151758
4739 Fulton Ave, Tulsa, Oklahoma

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4739 Fulton Ave
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