5623 S QUINCY AVE

Multi-Family: Garden

5623 S QUINCY AVE, TulsaOK 74105

Property Details

Location

Address
5623 S QUINCY AVE, TulsaOK 74105
County
TULSA
Submarket
OK - South
Parcels
35725933108510, 35725933108530, 35725933108540

Building Size

Building Size
22,600 SF

Building Details

Type
 Multi-Family: Garden
Number of Buildings
1
Number of Units
19
Occupancy Type
Multi-tenant
Percent Occupied
100%
Building Class
Building Status
Existing
Floors
2
Year Built
1970
Sprinklers
Primary Const.
Wood
Parking Ratio

Land & Utilities

Land (Acres)
1.3 Acres
Land (SF)
56,628 SF
Zoning
Lot Depth
Lot Width

Contacts

Current Listings

5623 S QUINCY AVE

22,600 SF$1,460,000
First Commercial Real Estate Services

Highlights

25 units

1, 2 and TH units

Individually metered for electric

Master metered for gas (furnace, stove, hot water)

Additional land included

Cornerstone apartments consists of 25 units total. There are six large townhouse units on the north portion of the property. These units are large, with 2 bedrooms, stackable washer and dryer connections, private patios and covered parking. There are 19 units contained in the south building. These units consists of 1 and 2 bedroom flats. This building has an on-site coin operated laundry. Included with the townhouses and apartments is additional land that is zoned multifamily and could be used to add more units. The property also has an on-site office that isn't currently utilized. This could be converted into a studio unit, providing additional income.

This property is located approximately 1/2 mile south of Interstate Highway 44, just east of South Peoria Avenue. This area is just south of the Brookside area, an area known for its trendy and vibrant retail and restaurants. This area is also close to Riverside Drive and the City's River park system. Additionally, it is only a few miles from the Gathering Place, Tulsa's internationally recognized public park. This property is conveniently located to transportation as well. In addition to being close to the highway system, it is also along the Rapid Transit Bus Line.

First Commercial Real Estate Services

Highlights

25 units

1, 2 and TH units

Individually metered for electric

Master metered for gas (furnace, stove, hot water)

Additional land included

Cornerstone apartments consists of 25 units total. There are six large townhouse units on the north portion of the property. These units are large, with 2 bedrooms, stackable washer and dryer connections, private patios and covered parking. There are 19 units contained in the south building. These units consists of 1 and 2 bedroom flats. This building has an on-site coin operated laundry. Included with the townhouses and apartments is additional land that is zoned multifamily and could be used to add more units. The property also has an on-site office that isn't currently utilized. This could be converted into a studio unit, providing additional income.

This property is located approximately 1/2 mile south of Interstate Highway 44, just east of South Peoria Avenue. This area is just south of the Brookside area, an area known for its trendy and vibrant retail and restaurants. This area is also close to Riverside Drive and the City's River park system. Additionally, it is only a few miles from the Gathering Place, Tulsa's internationally recognized public park. This property is conveniently located to transportation as well. In addition to being close to the highway system, it is also along the Rapid Transit Bus Line.

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Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

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