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56-Unit Apartment Community
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407 West Galaxy Road, Sapulpa, OK 74066

Occupied multifamily property offering one- and two-bedroom residences in Sapulpa within the Tulsa MSA.

Property Size42,024 SF
Days on Market119

Property Features for 407 West Galaxy Road

General Information

Standard status Active
Size 42,024 SF
Class C
Total Parking Spaces 102
Property subtype Multifamily
Occupancy 96%
Investment Type Stabilized
Net Operating Income $277,951

Additional Details

Cap Rate 7%
Multifamily Units 56

Building Details

Year Built 1975
Year Renovated 2024
Buildings 7
Stories 2
Units 56
Tenancy Multi
Listing Agency: MMG Real Estate Advisors
Listed By: Thomas Skevington · License #MO 2017012365
Source: Crexi
Added: May 6 Changed: Aug 31 Last Checked: Aug 31 at 2:42AM

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 MMG Real Estate Advisors

Investment Insights

Based on property information with market context.

Southern Hills is a 56-unit apartment property in Sapulpa, Oklahoma, with 42,024 square feet and a 1975 construction date. The community contains a mix of one- and two-bedroom residences averaging 750 square feet, providing a varied unit configuration within the asset.

The property is located at 407 West Galaxy Road in Sapulpa, part of the Tulsa MSA. Occupancy is reported at 100%, and the property includes a fully funded repair escrow. Financing includes assumable Freddie Mac debt, while the reported cap rate is 7%.

Key Highlights

  • 56‑unit apartment community at 407 West Galaxy Road
  • 42,024 square feet completed in 1975
  • One- and two‑bedroom unit mix averaging 750 square feet

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Hair Salon Building Supply Electrical Service Restaurant Auto Parts Store Big Box & Wholesale Store

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

Lease Details

56
Residential units

Location Intelligence

Trade Area within ½ mile

101
Businesses Nearby

Demographics for 74066, OK

31,255
Population
13,736
Households
2.3
Avg Household Size
41
Median Age
19%
College-Educated
91%
High-School Grad
123.6 sq mi
ZIP Area
253
Density / Sq Mi
$64,351
Median Household Income
$41,245
Median Earnings
$1,000
Median Rent
$168,300
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 - Occupied multifamily property offering one- and two-bedroom residences in Sapulpa within the Tulsa MSA.
Where is this apartment building located?
The property is located at 407 West Galaxy Road Sapulpa, OK.
What are key features of this property?
This property features: 56‑unit apartment community at 407 West Galaxy Road; 42,024 square feet completed in 1975; One- and two‑bedroom unit mix averaging 750 square feet
More about this property
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