Why We Love Investing in Tulsa, OK
Why Tulsa, OK is a Top-Rated Growing Metro for Real Estate Investment
Tulsa, Oklahoma might not be the first city that comes to mind for multifamily real estate investments, but it has many compelling reasons why it’s considered one of the top markets in the U.S. Here’s why Tulsa is worth your attention:
Tulsa is the second largest city in Oklahoma, with a population of about 994,000. Over recent years, the city has seen steady population growth, thanks to a robust job market, low cost of living, and a thriving economy.
The city’s population is diverse, featuring various ethnic and cultural groups. Tulsa is known for its strong sense of community and friendly, southern hospitality. The city boasts a lively arts and cultural scene, with numerous museums, parks, and attractions that make it a vibrant place to live.
Tulsa has a diverse job market with significant industries in energy, aviation, and manufacturing. It’s home to major companies in the oil and gas sector and has a growing aerospace industry, bolstered by American Airlines' maintenance base.
Healthcare and education are also key components of Tulsa’s economy, with several hospitals and universities located in the city. Recently, there has been growth in the technology sector, with the emergence of startups and tech companies.
Rental housing demand in Tulsa is moderate to strong. The city’s growing population and affordable cost of living compared to other major U.S. cities contribute to this demand. The diverse job market and expanding economy further fuel the need for rental properties.
The multifamily market in Tulsa is stable with potential for moderate growth. The increasing population and strong job market support the demand for rental housing, including multifamily properties. In Tulsa, you can find a range of multifamily properties, from older, Class B buildings to newer, Class A ones. The city features various types of properties, including garden-style apartments, mid-rise, and high-rise buildings.
Tulsa offers a variety of attractions, from cultural venues to outdoor activities, shopping, and dining. Some highlights include:
Philbrook Museum of Art: Housed in a stunning Italian Renaissance-style villa, this museum features an impressive collection of global art, including works by Rembrandt, Van Gogh, and Monet.
Tulsa Zoo: A popular spot for families and animal enthusiasts, the zoo houses a range of animals, including lions, tigers, and gorillas.
Tulsa Arts District: This lively area is the heart of Tulsa’s arts scene, with numerous galleries, theaters, and museums, plus shops, restaurants, and bars.
Tulsa State Fairgrounds: Hosting events like the Tulsa State Fair, concerts, and trade shows, this venue is a hub of local activity.
Tulsa Botanic Garden: A picturesque park featuring diverse plants, flowers, walking trails, and picnic areas.
Tulsa Hills: A shopping and dining hotspot with various retail stores, restaurants, cafes, a movie theater, and outdoor recreation areas.
These are just a few of the many attractions Tulsa has to offer. Whether you’re interested in arts, culture, history, or outdoor fun, Tulsa has something for everyone.
To learn more about why investing in Tulsa might be a great move, schedule a call today or fill out our investor form. We’ll be happy to provide you with more information.
