Waterstone

Tulsa, OK

Info For Buyers

Overview

Summary

  • Address 1054 E 57 Pl S, Tulsa, OK 74105
  • Total Units 243
  • Rentable SF 174,730 SF
  • Year(s) Built 1965, 1970, 1975, 1985, 1990, 2004

Waterstone Apartments is a renovated 243-unit multifamily community located in Tulsa, OK in Tulsa County. The property was built in 1965, 1970, 1975, 1985 and 2004, and is situated on a total area of 9.88 acres. The garden-style property is comprised of 34 one- and two-story brick apartment buildings with pitched composition shingle roofs. Waterstone offers a variety of studio and one-, two-, and three-bedroom floor plans. Interior amenities include fully equipped kitchens, vinyl plank flooring, carpeting, and washer and dryer connections. Common area amenities include a clubhouse, three laundry facilities, and a swimming pool. Residents enjoy the property’s prime location a short distance from Oral Roberts University (ORU), conveniences, and River Parks recreation.

Key Facts

34 total buildings, 4 parcels on +/- 9.88 AC with strong historical occupancy

Located in an Opportunity Zone
Tremendous revenue upside potential by billing back for some utilities and reducing water expense

Tax relief through cost segregation

Location

Team

Nicholas Brown

Nicholas Brown

Associate Director
GREA
972.532.6126
Sean Scott

Sean Scott

Managing Director
GREA
972.996.6233
Esther Cho

Esther Cho

Managing Director
GREA
972.449.0440