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Fairway Apartments

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Address: 6609 S Lewis Ave, Tulsa, OK 74136, USA

Texas + Apartment Buildings

Created date: May 30, 2024

Date last updated: September 20, 2024

Clubhouse
Swimming Pool
Courtyard
On-Site Maintenance and Management
Close to Public Transportation
Newly Remodeled Units

Property Description

SVN OAK Realty Advisors is pleased to present the exclusive offering for The Fairway Apartments, located at 6609 South Lewis Avenue in Tulsa, Oklahoma, presents a compelling investment opportunity in the prime South Tulsa area. This highly desirable asset offers strong residential demand, excellent amenities, and proximity to major employment hubs, retail centers, and top-rated schools. The Fairway also benefits from easy access to the retail corridors along South Lewis Avenue and Riverside Drive.The Fairway Apartments has undergone significant recent renovations, enhancing both its appeal and value. Key improvements include modernized interiors with upgraded kitchens and bathrooms, fresh paint, updated landscaping, and refurbished common areas. Amenities such as the swimming pool and clubhouse have also been upgraded, contributing to higher tenant satisfaction and retention.Attractive assumable financing is in place at a competitive 3.16% rate. The property boasts a high occupancy rate, consistent rental income growth, and efficient expense management.Overall, The Fairway Apartments is an excellent investment in a thriving market, offering stability, growth potential, and long-term value appreciation.

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Key Property Information

Listing Status:	Unavailable
Listing Type:	Call for offers
Property Types:	Apartment Buildings
Price:	$7,300,000
No. of Units:	107
Lot Size:	69,838.00 Sq ft
Opportunity Zone:	No
Price per unit:	$68,224
Property Website	Click Here