Riverwalk Apartments in Tulsa, OK

Project Details

Location
Tulsa, OK
Property Type
Multifamily
Size
234 Units
Vintage
2010
Purchase Price
$52,000,000

Purchased for $52 Million

Adding value with unit renovations and new property management.

Business Plan

  • The Property was developed in 2010 as a build to suit project for Schlumberger, a Global 500 company. The business plan is to benefit from the secure cashflow generated by the Schlumberger master lease through August 2025, then convert the Property to a conventional apartment community.
  • The Partnership plans to undertake a unit renovation program, which is projected generate a premium above the current rents.
  • Jenks has consistently ranked in the top 2 fastest growing cities in the state, driven by its excellent school system, which is rated the best school district in Oklahoma.

About CW Investment Management

Our team of commercial real estate experts utilize decades of experience to generate high returns on investments. With integrity and attention to detail, we build real value and relationships.

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