Why We Love Investing in Tulsa, OK
Tulsa, OK Rated a Top Growing Metro
Tulsa, Oklahoma may not be the first place you think of when it comes to investing in multifamily real estate, but this market has many great reasons why it’s rated one of the top markets in the US for real estate investors. Here are the top reasons we love Tulsa, OK.
The population of Tulsa, Oklahoma is approximately 994,000 at the time of this writing, making it the second largest city in the state. The city's population has been growing steadily over the past several years, driven by factors such as a strong job market, affordable cost of living, and a growing economy.
Tulsa's population is diverse, with a mix of ethnic and cultural groups, and the city is known for its strong sense of community and southern hospitality. The city has a thriving arts and cultural scene, as well as a number of museums, parks, and other attractions that help to make it a vibrant and attractive place to live.
Employment in Tulsa is diverse and varied, with strong industries in areas such as energy, aviation, and manufacturing. Tulsa is home to several major companies in the oil and gas industry, as well as a growing aerospace sector anchored by the presence of American Airlines' maintenance base.
The healthcare and education sectors also play a significant role in Tulsa's economy, with a number of hospitals and universities located in the city. Additionally, there has been recent growth in the technology sector, with the establishment of several startups and tech companies.
The demand for rental housing in Tulsa is moderate to strong, with a growing population and a relatively affordable cost of living compared to other major cities in the US. The city's diverse job market and growing economy also helped to drive demand for rental housing.
The multifamily market in Tulsa is stable with moderate growth potential. The city's growing population and strong job market were helping to drive demand for rental housing, including multifamily properties. Multifamily properties in Tulsa tended to range from older, Class B properties to newer, Class A properties, with a mix of garden-style apartments, mid-rise buildings, and high-rise buildings.
Tulsa has a wide range of attractions to offer, from cultural institutions and outdoor recreation to shopping and dining. Some of the best attractions in Tulsa include:
· Philbrook Museum of Art: This world-renowned art museum is housed in a beautiful Italian Renaissance-style villa and features a diverse collection of art from around the world, including works by Rembrandt, Van Gogh, and Monet.
· Tulsa Zoo: The Tulsa Zoo is home to a variety of animals, including lions, tigers, gorillas, and more, and is a popular destination for families and nature lovers.
· Tulsa Arts District: This vibrant neighborhood is the center of Tulsa's arts scene and is home to a number of galleries, theaters, and museums, as well as a variety of shops, restaurants, and bars.
· Tulsa State Fairgrounds: The Tulsa State Fairgrounds host a variety of events throughout the year, including the Tulsa State Fair, concerts, and trade shows.
· Tulsa Botanic Garden: The Tulsa Botanic Garden is a beautiful park that features a variety of plants, flowers, and trees, as well as walking trails, picnic areas, and more.
· Tulsa Hills: Tulsa Hills is a shopping and dining destination that features a variety of retail stores, restaurants, and cafes, as well as a movie theater and a number of outdoor recreation areas.
These are just a few of the many attractions that Tulsa has to offer. Whether you're interested in arts, culture, history, or outdoor recreation, Tulsa is a great destination that has something for everyone.
Schedule a call today or fill out our investor form so we can connect with you on more great reasons to invest in Tulsa.