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1920 Heritage Park Dr Oklahoma City, OK 73120

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For Sale
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955-unit multifamily portfolio in North Oklahoma City's premier retail corridor.

Building Details

Year built
1986

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Listing Contact
Justin Wilson
Source: Nmrk

Listing Agent: Justin Wilson

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

North OKC Value-Add Portfolio

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.
Location Intelligence

Current Use by Public Records

Penn Station Apartment ... Apartment Rental Agency

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Oklahoma City
County
Cleveland
State
Oklahoma
Longitude
-97.5466549
Latitude
35.5917465

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 Dr 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.
More about this property
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