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31515583
31515593

15351 W Hwy 66, Sapulpa, OK 74066

GR
OK 202435
Oak & Sage Realty
Listed by Oak & Sage Realty
$575,000
94 days on market
Updated 43 days ago

15351 W HWY 66

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,088
Units 6
Cap Rate 7.11%
NOI $40,871
Occupancy 83%
Pro-Forma Cap Rate 7.75%
Pro-Forma NOI $44,563
Price per SqFt $113
Class B
Year Built 1980
Year Renovated 2018, 2019
Buildings 1
Stories 2
Lot Size (SqFt) 22,346
Zoning RM2

Sapulpa Multifamily | 7.11% CAP

Marketing description

Introducing 15351 W HWY 66, a 6-unit multifamily property right off of historic Route 66 in Sapulpa! Owner financing available. This property offers strong income potential with major updates already completed. Each 816 sq ft unit features 2 bedrooms and 1 bathroom, kitchen with granite counters, refrigerator, range/oven, dishwasher and disposal, and laundry hook ups. Fully renovated in 2018, including new HVAC systems, ductwork, water heaters, flooring, appliances, and interior finishes throughout. New roof and new upstairs deck in 2019. 2023 Everest ice machine (purchased for approx. $46k) included in sale.

With current occupancy at 83% (5/6 units, was recently 100%, held for showings), in-place income, and upside due to below-market rents, this property presents an attractive value-add opportunity. Conveniently located - less than 5 minute drive to Downtown Sapulpa, and easy access to major highways. Positioned in a growing Sapulpa market, 15351 W HWY 66 is a great opportunity for investors seeking low-maintenance, stability, and future growth potential.

Listing Contacts

GR
OK 202435
Oak & Sage Realty
Listed by Oak & Sage Realty

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$40,871.00
$3,405.92/mo

Valuation Metrics

0
DSCR
7.11%
Cap Rate
7.11%
ROI

Map

Zoning

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CG CommercialGeneral CommercialCommercial General District
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Last updated May 15, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Greg Robbins
License
202435
Brokerage
Oak & Sage Realty
Brokerage Phone
918-995-1367
Title
Real Estate Sales Person
Brokerage Address
3003 West 77th Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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