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Property profile & analytics
FOR SALE
Apartment buildings

932 W Teel Rd Sapulpa, OK 74066

6,300 SF
Property ID
US69-Q013740
Property summary
AI-generated overview

Nestled in a prime, high-visibility Sapulpa location, these eight vacant residential units present a premier investment opportunity to revitalize a key community gateway. Ripe for renovation, this property is primed to unlock significant value, transforming underutilized space into modern, high-demand housing along the historic Route 66 corridor. Investment Highlights & Narrative: Untapped Potential: These eight units represent aa almost blank canvas for an investor looking to rehabilitate properties in a growing area of Sapulpa. with over $200,000.00 in remodeling completed in 2025 you could easily bring these units back on line. Strategic Location: Situated in a corridor with high visibility, these units are perfectly positioned to benefit from local economic development, providing an attractive, accessible living option near downtown. Sapulpa is a growing sub market of Tulsa Oklahoma both communities have a current need for more housing units to support the growth of .02% higher than the national average. Renovation Opportunity: While currently Occupied by one resident and in need of updates, these structures offer the chance to implement modern, energy-efficient, and comfortable design standards, catering to the increasing demand for rental or ownership housing in the region. Community Enhancement: Revitalizing this property will not only yield a high return on investment but also contribute to the overall beautification and revitalization of the neighborhood, serving as a charming community gateway. With targeted renovations, this assemblage of units can be transformed into a vibrant, sought-after residential spot, blending historical charm with modern convenience in the heart of Sapulpa. This property is in a rural area and has a lagoon. there is additionally a large shop that can be used for storage or rented out for additional income. Owning rental property in the Sapulpa, Oklahoma area offers high-yield potential due to affordable purchase prices and strong demand in a suburban setting. Investors benefit from Oklahoma's landlord-friendly laws, including fast eviction processes, alongside steady cash flow and appreciation potential in the growing Tulsa metropolitan area. Key Highlights of Owning Rental Property in Sapulpa, OK Affordability & High ROI: Lower purchase prices compared to national averages allow for higher rental yields (ROI). Landlord-Friendly Environment: Oklahoma state laws provide favorable regulations for owners, including expedited eviction processes (10–15 days for nonpayment). Stable Suburban Demand: Sapulpa provides a suburban, family-friendly environment with above-average public schools, which is attractive to long-term tenants. Proximity to Tulsa: As part of the Tulsa metropolitan area, Sapulpa benefits from the economic, job market, and entertainment growth of the larger region. Consistent Growth: The region has experienced steady demand for rental housing, ideal for building long-term wealth. Operational Considerations Market Type: The area has a, mix of single-family homes, creating a stable, resident-focused market. Property Type: The area appeals to families, making single-family detached homes popular rentals. Management: While landlord-friendly, success relies on thorough tenant screening and maintenance to maximize income.

Property profile
Verified
Property type Apartment buildings
Total area 6,300 SF
UPID US69-Q013740
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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