5-Unit Townhome Apartment
For Sale
$2,700,000
5810 Hudson St, Dallas, TX 75206
Recently built multifamily property with three-story units, private garages, rooftop balconies, and individual unit access.
Property Size9,915 SF
Price / SF$272.31
Days on Market37
Property Features for 5810 Hudson St
General Information
Standard status
Active
Size
9,915 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
5
Amenities
rooftop balcony
Building Details
Year Built
2024
Buildings
1
Stories
3
Listing Agency:
Equitify Realty
Listed By:
Huma Azim · License #0575698
(972) 484-6644
Source:
Thebryandavisgroup
Added: Jul 30
Changed: Sep 2
Last Checked: Sep 1 at 9:38PM
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 Equitify Realty
Investment Insights
Based on property information with market context.
Completed in 2024, this multifamily property contains five townhome-style apartment units. Each residence spans three floors and includes an individual two-car garage and rooftop balcony. The source information reports 1,915 square feet of total living area, plus 454.33 square feet for each garage and 338.79 square feet for each balcony. The property size is listed as 9,915 square feet.
The building is located at 5810 Hudson St in Dallas, with White Rock Lake 2.5 miles away, Love Field Airport 5 miles away, and downtown Dallas 2 miles away. The property is within a DDA. The entire building is offered for sale, and individual units are also identified as available for sale.
The building is located at 5810 Hudson St in Dallas, with White Rock Lake 2.5 miles away, Love Field Airport 5 miles away, and downtown Dallas 2 miles away. The property is within a DDA. The entire building is offered for sale, and individual units are also identified as available for sale.
Key Highlights
- Five townhome apartment units, each arranged across three floors
- Each unit includes a 454.33 sqft 2‑car garage
- Each unit includes a 338.79 square foot rooftop balcony
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
$150,768
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
5.58%
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%
$3,015,360
$3.0M
Cap Rate 7%
$2,153,829
$2.2M
Cap Rate 9%
$1,675,200
$1.7M
Market Conditions
NOI Build-Up for 9,915 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
$307.0K $30.96/SF
− Vacancy
−$32.8K −$3.31/SF
EGI
$274.1K $27.65/SF
− OpEx
−$123.4K −$12.44/SF
NOI
$150.8K $15.21/SF
Area
Dallas, TX
Vacancy
10.70%
Lease Rate
$30.96 /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%
$3,015,360
Cap Rate 7%
$2,153,829
Cap Rate 9%
$1,675,200
Alternative Uses
Best Use
Apartment 5plus
$2.15M
$1.88M – $2.51M
NOI $150,768 @ 7.0% cap · market cap 5.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$11.90M
$10.41M – $13.88M
NOI $832,803 @ 7.0% cap · market cap 30.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
1,653
Businesses Nearby
Explore this area
Business Placement
Demographics for 75206, TX
40,386
Population
25,844
Households
1.6
Avg Household Size
32
Median Age
77%
College-Educated
97%
High-School Grad
4.2 sq mi
ZIP Area
9,616
Density / Sq Mi
$88,464
Median Household Income
$69,953
Median Earnings
$1,715
Median Rent
$557,500
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?
Apartment building - Recently built multifamily property with three-story units, private garages, rooftop balconies, and individual unit access.
Where is this apartment building located?
The property is located at 5810 Hudson St Dallas, TX.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: Five townhome apartment units, each arranged across three floors; Each unit includes a 454.33 sqft 2‑car garage; Each unit includes a 338.79 square foot rooftop balcony
