1785 79 Ave Tulsa, OK 74112

This exceptional value-add multifamily investment opportunity presents the chance to acquire the Monterrey Apartments, a well-situated 86-unit apartment building in Tulsa, Oklahoma. Located at 1785 S 79th E Ave, Tulsa County, zip code 74112, this property boasts a total net rentable area of 55,500 square feet. Originally constructed in 1968, the Monterrey Apartments underwent a complete exterior renovation in 2024, enhancing its curb appeal and market value. The unit mix includes studios, one-bedroom, and two-bedroom apartments, catering to a diverse range of renters. The property's proven business model and award-winning design, coupled with the significant rental upside potential in both classic and upgraded units, make this a truly compelling investment. Priced at $6,450,000, this asset represents a rare opportunity to acquire a quality property in a desirable location within the Tulsa market. The investment highlights include a fantastic value-add opportunity with proven rental upside, a completely remodeled exterior, and a diverse unit mix. This is an ideal opportunity for investors seeking strong returns in a stable market. The property's location offers convenient access to local amenities and transportation networks, further enhancing its appeal to potential tenants.