| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 50th | Poor |
| Demographics | 51st | Fair |
| Amenities | 58th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4200 Inverrary Blvd, Lauderhill, FL, 33319, US |
| Region / Metro | Lauderhill |
| Year of Construction | 1975 |
| Units | 114 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
4200 Inverrary Blvd Lauderhill Multifamily Repositioning Play
Neighborhood renter demand is supported by nearby employment and steady household growth within 3 miles, while pricing power will depend on careful affordability management, according to WDSuite’s CRE market data and commercial real estate analysis.
Located in Lauderhill’s inner suburb of the Fort Lauderdale–Pompano Beach–Sunrise metro, the neighborhood shows balanced livability signals for workforce renters. Grocery and dining access test well nationally (grocery and restaurants are competitive versus peers), while parks coverage lands in the top quartile nationally. By contrast, cafes and pharmacies are limited nearby, which can modestly reduce convenience for some residents. These are neighborhood-level dynamics, not property-specific features.
Rents in the neighborhood benchmark above many U.S. locations, and WDSuite data indicate a rent-to-income profile that suggests some affordability pressure for tenants. For investors, this argues for disciplined revenue management and amenity/finish alignment to sustain retention. The neighborhood’s occupancy rate is measured for the neighborhood and not the property; it has improved modestly over the last five years but remains on the softer side locally, making leasing execution and resident experience meaningful value drivers.
Within a 3-mile radius, population and households have grown and are projected to expand further, pointing to a larger tenant base over time. Median incomes have been rising, and the renter-occupied share of housing units sits below a majority threshold, indicating a mixed tenure area that still offers depth for multifamily while facing some competition from ownership options. Elevated homeownership accessibility relative to coastal South Florida submarkets can temper rent growth but may also support longer-term household formation and steady in-migration.
Demographically, the 3-mile area reflects a broad age mix with a meaningful working-age cohort, and forecasts call for additional households alongside slightly smaller average household sizes. For multifamily, that combination typically supports demand for well-managed one- and two-bedroom product and can stabilize occupancy through cycle turns.
Safety indicators for the neighborhood are mixed when compared nationally. Overall crime levels sit around the national midpoint, with violent offense measures testing somewhat better than average and property offense measures having shown a recent uptick year over year. These figures are neighborhood-level and may not reflect conditions at or immediately around the property.
Within the Fort Lauderdale–Pompano Beach–Sunrise metro (345 neighborhoods), neighborhood crime performance is competitive against a portion of peers but not top tier. For investors, the trend underscores the value of strong on-site management, lighting, and access control to support leasing and retention.
The area benefits from a diversified employment base that supports renter demand through commute convenience, including corporate headquarters and healthcare administration within typical drive times. The employers below represent nearby anchors relevant to workforce housing demand.
- AutoNation — corporate headquarters (7.2 miles) — HQ
- Tenet Healthcare Corporation, Florida Region — healthcare administration (9.0 miles)
- Office Depot — corporate headquarters (17.2 miles) — HQ
- Johnson & Johnson — corporate offices (19.3 miles)
- Ryder System — corporate headquarters (23.2 miles) — HQ
This 114-unit asset sits in an inner-suburban Broward County location with solid access to employment and everyday amenities. Based on CRE market data from WDSuite, neighborhood rents benchmark above many U.S. areas, and household growth within a 3-mile radius points to a larger tenant base over time. At the same time, neighborhood occupancy is measured for the neighborhood (not the property) and remains somewhat soft despite modest improvement, suggesting that hands-on leasing strategy and targeted upgrades can differentiate the asset.
Ownership costs in the area are relatively accessible compared to many South Florida coastal submarkets, which can create some competition with for-sale housing. That context, combined with rent-to-income readings that imply affordability pressure, favors a focus on retention, service quality, and unit-level value propositions to sustain cash flow durability.
- Inner-suburban location with grocery, parks, and restaurant access that supports renter appeal
- Growing 3-mile household base expands the tenant pool and supports occupancy over time
- Nearby corporate employers and healthcare administration provide steady commuter demand
- Opportunity to create competitive advantage via targeted renovations and resident experience
- Risks: softer neighborhood-level occupancy and affordability pressure require disciplined revenue and expense management