207 N Hickory St - Apartments FOR SALE


Sapulpa, OK 74066
$3,300,000 USD
918-230-3875
207 N Hickory St, Sapulpa, OK for Sale
$3,300,000 USD
Apartments - FOR SALE
1/10
null | 8.76% Cap Rate

207 N Hickory St
Sapulpa, OK 74066


HIGHLIGHTS

  • LIHTC (Affordable) Opportunity
  • Value-Add With Professional Management
  • Rents below maximum allowable

OVERVIEW

Garden Park Apartments is a 100-unit LIHTC property built in 1973 located in Sapulpa, OK. Garden Park is primed to benefit from professional third-party management, allowing new owners to push rents to the maximum allowable while managing expenses. Please reach out for specifics on operational upside potential.

FOR SALE DETAILS

PRICE

$3,300,000 USD

PRICE/SF

$45 USD /SF

# OF UNITS

100

PRICE/UNIT

$33,000

CAP RATE

8.76%

% LEASED

89%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Garden Park Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1973

PARKING SPACES

150

LAND DETAILS

LAND ACRES

4.54 AC

LAND SF

197,902 SF

ZONING

-

APN/PARCEL ID

1590-00-001-000-0-010-00

ASK ABOUT THIS PROPERTY

Mike MarraraColliersMore Info
918-230-3875

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Mike MarraraColliersMore Info
918-230-3875

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.