Alexis Park

12525 East 41st Street, Tulsa, OK 74146

  • For Sale $10,000,000
  • Property Type Other
  • Units 128
  • Date Updated Sep 3, 2025

SVN Oak Realty Advisors is pleased to present the exclusive offering of Alexis Park Apartments, a 128-unit value-add multifamily community located in the growing East Tulsa submarket. Built in 1979, the property features spacious one- and two-bedroom layouts, classic interiors primed for renovation, and a strong in-place rent roll with immediate cash flow. 

The property offers investors a proven renovation strategy with substantial upside. The value-add program, budgeted at $7,500 per unit, targets modern interior upgrades and amenity enhancements projected to yield average rent increases of $190 per unit. Renovated units ar,e underwritten to $1,050/month (or $1.49/SF), delivering a compelling 30.36% ROI on renovation spend. 

At the proposed price of $10,000,000 ($78,125 per unit), the investment delivers immediate in-place yield with a Year 1 proforma NOi of $844,472, equating to an 8.44% cap rate. Projected returns rise to $1,031,758 NOi by Year 3, stabilizing at a 12.50% cash-on-cash return and 1.97x DSCR. The offering benefits from competitive positioning and below-market rents with clear upside supported by local comps. 

Positioned in a high-occupancy, workforce-driven corridor with limited new supply and close proximity to major employers and infrastructure, 12525 East 41 Street represents a scalable, high-yield investment opportunity supported by favorable fundamentals and long-term demand growth. 


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Contacts

broker
Raymond Lord

broker
Chase Lord

SVN OAK REALTY ADVISORS

broker
Garrett Huie

SVN OAK REALTY ADVISORS

broker
Jason Turner

SVN OAK REALTY ADVISORS

broker
Dave Pinson

SVN OAK REALTY ADVISORS

Location

Getting Around

  • Walk Score ®

    66/100 Somewhat Walkable

  • Transit Score ®

    32/100 Some Transit

  • Bike Score ®

    59/100 Bikeable
Powered by Walk Score ®
  • City Tulsa, OK
  • Neighborhood Max Campbell North
  • Zip Code 74146
  • Market Tulsa

Points of Interest

  • Train Stop

    6.91 miles

  • Fiesta Mart

    0.26 miles

  • Macs Classic Conoco

    0.31 miles

  • Shell

    0.47 miles

  • Francis Energy

    0.63 miles

  • Minute Mart

    0.85 miles

  • QuikTrip

    1.63 miles

  • Kum & Go

    1.66 miles

  • Phillips 66

    1.73 miles

  • Tesla Supercharger

    5.83 miles

  • ChargePoint

    5.91 miles

  • TTCU Federal Credit Union

    0.18 miles

  • The Shops at Greenway Village

    0.96 miles

  • Thomas A. Edison High School Vistitor Parking

    1.14 miles

  • Walmart Neighborhood Market

    1.27 miles

  • Paradise Beach Water Park

    1.37 miles

  • OneOK Visitor Parking

    2.09 miles

  • Bernsen Parkade

    2.13 miles

  • Seigfried Parkade

    2.17 miles

  • Health Plaza Parkade

    2.21 miles

  • Holliman Parkade

    2.29 miles

  • Expo Inn

    1.31 miles

  • Tulsa Select Hotel

    1.61 miles

  • La Quinta Inn

    1.63 miles

  • Holiday Inn Express & Suites Tulsa Midtown

    1.69 miles

  • WoodSpring Suites Tulsa

    1.69 miles

  • Studio 6

    1.69 miles

  • Comfort Inn Midtown

    1.71 miles

  • Hilton Garden Inn Tulsa Midtown

    1.73 miles

  • Trade Winds Inn

    1.74 miles

  • Residence Inn

    1.79 miles

  • Bird & Bottle

    0.32 miles

  • Wendy's

    0.33 miles

  • Tim's Midtown Diner

    0.33 miles

  • Umberto's

    0.35 miles

  • Subway

    0.36 miles

  • Braum's

    0.57 miles

  • Village Inn

    0.58 miles

  • Albert G Barbecue

    0.60 miles

  • Bill & Ruths

    0.67 miles

  • Fortune Chef

    0.67 miles

  • Ranch Acres Baptist Pre-School

    0.21 miles

  • Tulsa Public Schools Board of Education

    0.28 miles

  • Tulsa Public Schools Enrollment Center

    0.42 miles

  • Patrick Henry Elementary School

    0.88 miles

  • University of Oklahoma - Tulsa

    1.11 miles

  • Thomas A. Edison Preparatory School

    1.15 miles

  • Phillips School

    1.25 miles

  • Undercroft Montessori School

    1.29 miles

  • Hoover Elementary

    1.30 miles

  • Lanier Elementary School

    1.41 miles

  • Chapman Child Learning Center

    2.36 miles

  • Peppermint Palace Learning Center

    2.42 miles

  • Sweetie Pea Daycare Learning Center

    2.79 miles

  • KinderCare

    3.92 miles

  • Silver Star Child Care

    4.38 miles

  • Legacy

    4.38 miles

  • Charley Brown's Child Care Center

    4.50 miles

  • Pine Premier Child Care

    5.18 miles

  • Frost Early Childhood Education Center

    6.62 miles

  • Calvary Temple Our Little Angel "Julie" Pre-School Day Care Center

    6.83 miles

Frequently Asked Questions

How much does Alexis Park cost?

The space currently listed for sale at Alexis Park asks for $10,000,000.

What is the total square footage of Alexis Park?

Alexis Park totals 86,228 square feet.

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