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Apartment Building Near Chisholm Creek
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1920 Heritage Park Drive Oklahoma, Oklahoma City, OK 73120

Multifamily property with exterior, common-area, and interior unit improvements.

Property Size394,096 SF
Days on Market197

Property Features for 1920 Heritage Park Drive Oklahoma

General Information

Standard status Active
Size 394,096 SF
Property subtype MultiFamily Apartments

Building Details

Building Size 394,096 SF
Year Built 1986
Listing Agency: Newmark
Listed By: Justin Wilson
Source: Thebrokerlist
Added: Feb 18 Changed: Aug 30 Last Checked: Aug 30 at 6:51PM

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 Newmark

Investment Insights

Based on property information with market context.

Penn Station is an apartment property completed in 1986, with capital work addressing the building exteriors, shared resident areas, and individual units. The property is presented as part of a North Oklahoma City multifamily portfolio that also includes Raindance Apartments.

The property is located within one mile of the 190-acre Chisholm Creek District, which includes Cabela’s, Topgolf, iFly Indoor Skydiving, hotels, office space, and green areas. Access to Highway 74, the John Kilpatrick Turnpike, and the Broadway Extension connects the property with major employment destinations, including INTEGRIS Baptist, Mercy Health, Paycom, Love’s Travel Stops, Expand Energy, and the Oklahoma City Central Business District.

Key Highlights

  • Apartment property built in 1986
  • Exterior, common‑area, and interior unit improvements completed
  • Within one mile of the 190‑acre Chisholm Creek District

Property Analytics

Current Use

Penn Station Apartment ... Real Estate Agency

Suggested Use

Top Pick Law Firm HVAC Service Parking Lot & Garage Dental Office Building Supply Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

284
Businesses Nearby

Demographics for 73120, OK

36,530
Population
20,356
Households
1.8
Avg Household Size
38
Median Age
48%
College-Educated
96%
High-School Grad
11.0 sq mi
ZIP Area
3,321
Density / Sq Mi
$62,942
Median Household Income
$45,333
Median Earnings
$1,045
Median Rent
$227,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property with exterior, common-area, and interior unit improvements.
Where is this apartment building located?
The property is located at 1920 Heritage Park Drive Oklahoma Oklahoma City, OK.
What are key features of this property?
This property features: Apartment property built in 1986; Exterior, common‑area, and interior unit improvements completed; Within one mile of the 190‑acre Chisholm Creek District
More about this property
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