Project-Based Section 8
For Sale
Contact for pricing
401 Timber Ridge Dr, Cushing, OK 74023
Thirty-unit multifamily property with federally subsidized occupancy and established operating history in Cushing, Oklahoma.
Property SizeContact for details
Days on Market143
Property Features for 401 Timber Ridge Dr
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
97%
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Multifamily Units
30
Listing Agency:
Greystone & Co., Inc.
Listed By:
Matt Yarbrough · License #Texas
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 11:14PM
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 Greystone & Co., Inc.
Investment Insights
Based on property information with market context.
Eastbrook Apartments is a 30-unit apartment property in Cushing, Oklahoma, with every unit covered by a Project-Based Section 8 HAP Contract. The current 20-year renewal agreement began in 2012 and runs through 2032. The property recorded a January 2022 REAC score of 92a, and current occupancy is 97%; historical vacancy has remained below 4%.
The property is positioned within Cushing’s established community setting, with access to local employment, healthcare, schools, retail, dining, and recreation. OK-33 and East Main Street serve as a nearby commercial corridor with Walmart Supercenter and additional eateries. Stillwater and Oklahoma State University are 28 miles northwest, while Tulsa and Oklahoma City are each within an hour’s drive. Keystone Lake is approximately 25 minutes north.
The property is positioned within Cushing’s established community setting, with access to local employment, healthcare, schools, retail, dining, and recreation. OK-33 and East Main Street serve as a nearby commercial corridor with Walmart Supercenter and additional eateries. Stillwater and Oklahoma State University are 28 miles northwest, while Tulsa and Oklahoma City are each within an hour’s drive. Keystone Lake is approximately 25 minutes north.
Key Highlights
- 30‑unit apartment property in Cushing, Oklahoma
- Project‑Based Section 8 HAP Contract covers all 30 units
- 20‑year renewal contract began in 2012 and expires in 2032
Property Analytics
Property Profile
Current Use
Lease Details
30
Residential units
97%
Occupancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
79
Businesses Nearby
Explore this area
Business Placement
Demographics for 74023, OK
12,117
Population
5,474
Households
2.2
Avg Household Size
38
Median Age
16%
College-Educated
88%
High-School Grad
173.1 sq mi
ZIP Area
70
Density / Sq Mi
$48,859
Median Household Income
$34,202
Median Earnings
$759
Median Rent
$134,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Thirty-unit multifamily property with federally subsidized occupancy and established operating history in Cushing, Oklahoma.
Where is this apartment building located?
The property is located at 401 Timber Ridge Dr Cushing, OK.
What are key features of this property?
This property features: 30‑unit apartment property in Cushing, Oklahoma; Project‑Based Section 8 HAP Contract covers all 30 units; 20‑year renewal contract began in 2012 and expires in 2032
