Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Latimer Place Apartments, a 20-unit apartment complex located in Tulsa, Oklahoma. The property is five buildings, all one story structures built in 1975. It sits on 1.1 acres and has an office/storage and laundry area on-site. All 20 units are two bedrooms with one bath, and approximately 750 square feet. The exterior is comprised of brick that has recently been painted neutral gray. In 2021, the roofs were replaced on each building. This property is an excellent investment opportunity for any investor looking for a value-add opportunity. While some units have been renovated, there is plenty of room for an investor to continue the renovations and earn up to $375 in rent premiums.