North OKC Value-Add
1920 Heritage Park Drive Oklahoma City, OK 73120
1920 Heritage Park Drive, Oklahoma City, OK, 73120
Contact for pricing
For Sale
Contact for pricing
955-unit multifamily portfolio in North Oklahoma City's premier retail corridor.
Days on Market170
Property Features for 1920 Heritage Park Drive
General Information
- Standard status
- Active
Building Details
- Year Built
- 1986
Listing Agency
(405) 605-2546
Listed by
Justin Wilson · License ##2024044439
Source
Nmrk
Added: Jan 27 Checked: Jul 16 at 6:09 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Justin Wilson
Investment Insights
Based on property information with market context.
The North OKC Value-Add Portfolio consists of 955 units in North Oklahoma City, situated along one of the city's premier retail corridors. The current owners have invested almost $6.4 million in capital improvements across both properties, focusing on exterior and common area enhancements, as well as interior unit upgrades. The properties benefit from a live-work-play environment, with convenient access to retail destinations such as Chisholm Creek, Classen Curve, Costco, and Trader Joe’s. Residents enjoy easy access to the Oklahoma City Central Business District and major employers. The properties are located within one mile of the Chisholm Creek District, a 190-acre development featuring retailers like Cabela’s, Topgolf, and iFly Indoor Skydiving, alongside hotels, office space, and green areas. The location provides access to major transportation corridors, including Highway 74, the John Kilpatrick Turnpike, and the Broadway Extension, facilitating commutes to employers such as INTEGRIS Baptist, Mercy Health, Paycom, Love’s Travel Stops, Expand Energy, and the Oklahoma City Central Business District. The North Oklahoma City submarket is experiencing high growth, with strong demand and a 5% rent growth year-over-year as of the second quarter of 2025, according to Yardi Matrix. Oklahoma City had a 2.8% unemployment rate in May 2025.
Key Highlights
- 955‑unit portfolio in a high‑growth North Oklahoma City location.
- $6.4 Million in recent capital improvements, including unit upgrades and exterior enhancements.
- Value‑add opportunity with potential for increased revenue through unit renovations and operational improvements.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Penn Station Apartment ...
Real Estate Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - 955-unit multifamily portfolio in North Oklahoma City's premier retail corridor.
Where is this apartment building located?
The property is located at 1920 Heritage Park Drive Oklahoma City, OK.
What are key features of this property?
This property features: 955‑unit portfolio in a high‑growth North Oklahoma City location.; $6.4 Million in recent capital improvements, including **unit upgrades and exterior enhancements.**; **Value‑add opportunity** with potential for increased revenue through unit renovations and operational improvements.
