
13501 Memorial Park Dr
Hospitality
Marketing description
Prime 95-unit commercial property in Oklahoma City's Quail Springs corridor. Built 2010 with recently renovated interiors. Ideal for senior living or affordable housing redevelopment. Direct highway access, minutes from major hospitals and retail. Turnkey infrastructure includes elevators, commercial kitchen, pool, and handicap-accessible design. Strong market demand, available development incentives, and significantly lower conversion costs versus new construction create exceptional value opportunity. With new Oklahoma City development planned and underway in the surrounding area, the asset is uniquely positioned to capitalize on expanding infrastructure, population growth, and increasing demand for diversified housing options. The property is especially well-suited for senior living, affordable housing, or mixed-use redevelopment, aligning with strong demographic and housing trends across the metro.
Opportunities of this caliber—combining location, renovation, and redevelopment optionality—are increasingly rare in this submarket. This offering presents investors and developers a chance to secure a strategic footprint ahead of continued Oklahoma City expansion.
Investment highlights
Prime Memorial Corridor Location
Immediate access to major arterial roads
Proximity to established residential neighborhoods and amenities
Strong visibility and accessibility
Growth Tailwinds from Oklahoma City Expansion
Planned and ongoing OKC development creating long-term upside
Increasing demand for housing alternatives, particularly senior and workforce housing
Recently Renovated Interior
Reduced upfront capital for adaptive reuse
Allows faster entitlement-to-execution timeline
Ideal for phased redevelopment or interim income use
Redevelopment Optionality
Senior living, affordable housing, or mixed-use potential
Scarcity of well-located redevelopment sites in this submarket
Flexibility for public/private partnerships or incentive programs
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