North OKC Value-Add
1920 Heritage Park Drive, Oklahoma City, OK 73120
955-unit multifamily portfolio in North Oklahoma City's premier retail corridor.
- Added:
- Jan 27, 2026
- Days on Market:
- 109
- Last Refresh:
- Apr 5 at 11:29 pm
Property Features for 1920 Heritage Park Drive
General Information
- Standard status
- Active
Building Details
- Year Built
- 1986
Listing agent Justin Wilson (405) 605-2546
Listing office (405) 605-2546
Listing date Jan 27, 2026
Source Nmrk
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
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.
- Located within one mile of the Chisholm Creek District, a premier live‑work‑play development with top‑tier retailers.
- Easy access to major employers, transportation corridors, and the Oklahoma City Central Business District.
- Strong market fundamentals with 5% year‑over‑year rent growth and low unemployment rate.
Overview
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 ...
Real Estate Agency
Location Insight
- Map
- Local Demand
- City
- Oklahoma City
- County
- Cleveland
- State
- Oklahoma
- Longitude
- -97.5467
- Latitude
- 35.5917
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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.
