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Handicap-Accessible Multifamily Portfolio
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Pending

501 E Washington ave, Sayre, OK 73662

Two apartment complexes in Sayre, OK offering studio through four-bedroom units and possible conversion to assisted living homes.

Property SizeContact for details
Days on Market122

Property Features for 501 E Washington ave

General Information

Standard status Pending
Property subtype Multifamily, Industrial
Listing Agency: Cross Country Commercial Realty Inc.
Listed By: George Gavalas · License #NY10311208861
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Aug 8 at 2:51PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cross Country Commercial Realty Inc.

Investment Insights

Based on property information with market context.

This offering includes two apartment complexes in Sayre, Oklahoma. Both properties are handicap accessible and provide a mix of apartment configurations, with units that can be studio, 1-bedroom, 2-bedroom, 3-bedroom, or 4-bedroom. The units may also be adaptable for conversion to assisted living homes, according to the seller’s stated description.

The public remarks indicate the area has a heavy amount of homes with tenants overflowing, and that the seller is motivated to transact. The seller notes that documentation associated with the properties provides full disclosure for review.

Prospective buyers should review the provided materials for the specific details of each complex and the information disclosed regarding the current configuration and conversion considerations.

Key Highlights

  • Two apartment complexes in Sayre, OK
  • Handicap accessible across both properties
  • Unit mix can include studio, 1-, 2-, 3-, and 4‑bedroom apartments

Property Analytics

Current Use

Ozark Apartments Apartment Complex

Suggested Use

Top Pick Dental Office HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Bakery Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

163
Businesses Nearby

Demographics for 73662, OK

6,385
Population
2,014
Households
3.2
Avg Household Size
39
Median Age
5%
College-Educated
75%
High-School Grad
335.2 sq mi
ZIP Area
19
Density / Sq Mi
$54,667
Median Household Income
$33,836
Median Earnings
$772
Median Rent
$113,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two apartment complexes in Sayre, OK offering studio through four-bedroom units and possible conversion to assisted living homes.
Where is this apartment building located?
The property is located at 501 E Washington ave Sayre, OK.
What are key features of this property?
This property features: Two apartment complexes in Sayre, OK; Handicap accessible across both properties; Unit mix can include studio, 1-, 2-, 3-, and 4‑bedroom apartments
More about this property
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