Fully Occupied Multifamily
For Sale
$450,000
3820 S Hudson Ave, Oklahoma City, OK 73109
One-bedroom, one-bath units include individual kitchens, refrigerators, stoves, and hot water tanks.
Property Size2,762 SF
Price / SF$162.93
Days on Market9
Property Features for 3820 S Hudson Ave
General Information
Standard status
Active
Size
2,762 SF
Property subtype
Multi-Family
Occupancy
100%
Building Details
Year Built
1982
Listing Agency:
Ariston Realty LLC
(405) 763-8918
Listed By:
Galen Tanquary · License #178787
Source:
Alloverok
Added: Aug 24
Changed: Aug 31
Last Checked: Aug 30 at 8:46PM
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 Ariston Realty LLC
Investment Insights
Based on property information with market context.
This multifamily property comprises one-bedroom, one-bath units, with each unit offering a living room and a separate kitchen. Kitchen equipment includes a refrigerator, stove, and hot water tank. The property is currently 100% occupied.
The offering is tied to 4106 S Shields Blvd in Oklahoma City and is not available for separate sale. The property is located at 3820 S Hudson Ave in Oklahoma City.
The offering is tied to 4106 S Shields Blvd in Oklahoma City and is not available for separate sale. The property is located at 3820 S Hudson Ave in Oklahoma City.
Key Highlights
- 100% occupied
- One‑bedroom, one‑bath unit configuration
- Each unit includes a living room and kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$23,330
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.18%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$466,600
$466.6K
Cap Rate 7%
$333,286
$333.3K
Cap Rate 9%
$259,222
$259.2K
Market Conditions
NOI Build-Up for 2,762 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$44.7K $16.20/SF
− Vacancy
−$2.3K −$0.84/SF
EGI
$42.4K $15.36/SF
− OpEx
−$19.1K −$6.91/SF
NOI
$23.3K $8.45/SF
Area
Oklahoma City, OK
Vacancy
5.20%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$466,600
Cap Rate 7%
$333,286
Cap Rate 9%
$259,222
Alternative Uses
Best Use
Apartment 5plus
$333.3K
$291.6K – $388.8K
NOI $23,330 @ 7.0% cap · market cap 5.18%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$944.6K
$826.5K – $1.10M
NOI $66,122 @ 7.0% cap · market cap 14.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
663
Businesses Nearby
Explore this area
Business Placement
Demographics for 73109, OK
20,148
Population
8,344
Households
2.4
Avg Household Size
33
Median Age
7%
College-Educated
65%
High-School Grad
5.4 sq mi
ZIP Area
3,731
Density / Sq Mi
$40,944
Median Household Income
$28,370
Median Earnings
$851
Median Rent
$89,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - One-bedroom, one-bath units include individual kitchens, refrigerators, stoves, and hot water tanks.
Where is this multifamily property located?
The property is located at 3820 S Hudson Ave Oklahoma City, OK.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 100% occupied; One‑bedroom, one‑bath unit configuration; Each unit includes a living room and kitchen
