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7902 S 33rd W Ave, Tulsa, OK 74132

Newly constructed 70-unit build-to-rent community featuring large-format three-bedroom townhomes.

Property SizeContact for details
Days on Market162

Property Features for 7902 S 33rd W Ave

General Information

Standard status Active
Class A
Property subtype Multifamily
Zoning pud
Occupancy 16%
Investment Type Value Add

Additional Details

Cap Rate 7.35%
Multifamily Units 70

Building Details

Year Built 2025
Buildings 11
Units 70
Tenancy Multi
Listing Agency: SVN | OAK Realty Advisors
Listed By: Bill Buchanan · License #OK 080909
Source: Crexi
Added: Apr 3 Changed: Sep 4 Last Checked: Sep 10 at 7:38AM

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 SVN | OAK Realty Advisors

Investment Insights

Based on property information with market context.

Oakhill Townhomes is a newly constructed, low-density 70-unit build-to-rent community built around large-format three-bedroom townhome layouts. The community’s unit mix is dedicated exclusively to three-bedroom homes, with spacious 1,800-square-foot floorplans.

Located at 7902 S 33rd W Ave in Tulsa, Oklahoma, the property is positioned near Tulsa Hills Shopping Center. The investment assumptions provided are based on a purchase price of $22,000,000 and model a projected first-year Net Operating Income (NOI) of $1,617,616, supporting a 7.35% year-one cap rate and a 7.49% year-one cash-on-cash return. The offering materials also outline a value-add approach centered on completing lease-up of the brand-new asset.

Key Highlights

  • Newly constructed 70‑unit build‑to‑rent townhome community (Year Built: 2025) at 7902 South 33rd West Avenue in Tulsa, OK.
  • All units are large‑format 3‑bedroom townhomes with 1,800 SF floorplans.
  • Offering price is $22,000,000, or approximately $314,286 per unit.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Building Supply HVAC Service Kitchen & Bath Showroom Auto Repair Shop (Bike/Boat/Book/etc) Store

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

Lease Details

70
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

59
Businesses Nearby

Demographics for 74132, OK

10,968
Population
4,818
Households
2.3
Avg Household Size
37
Median Age
42%
College-Educated
95%
High-School Grad
12.6 sq mi
ZIP Area
870
Density / Sq Mi
$75,199
Median Household Income
$48,243
Median Earnings
$1,134
Median Rent
$271,400
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 - Newly constructed 70-unit build-to-rent community featuring large-format three-bedroom townhomes.
Where is this apartment building located?
The property is located at 7902 S 33rd W Ave Tulsa, OK.
What is the asking price?
The asking price for this property is $22,000,000.
What are key features of this property?
This property features: Newly constructed 70‑unit build‑to‑rent townhome community (Year Built: 2025) at 7902 South 33rd West Avenue in Tulsa, OK.; All units are large‑format 3‑bedroom townhomes with 1,800 SF floorplans.; Offering price is $22,000,000, or approximately $314,286 per unit.
More about this property
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