Fully Occupied Fourplex
For Sale
Contact for pricing
4041 NW 30th Ter, Lauderdale Lakes, FL 33309
Fully occupied fourplex with one month-to-month studio and three units on annual leases in Lauderdale Lakes.
Property Size3,630 SF
Price / SF$246.56
Days on Market62
Property Features for 4041 NW 30th Ter
General Information
Standard status
Active
Size
3,630 SF
Total Parking Spaces
8
Property subtype
Multifamily
Zoning
RM-16
Occupancy
100%
Additional Details
Multifamily Units
4
Building Details
Year Built
1973
Tenancy
Multi
Listing Agency:
Brokers, LLC
(954) 592-9617
Listed By:
Ana Binetti · License #3407116
Source:
Crexi
Added: Jun 12
Changed: Aug 8
Last Checked: Jun 20 at 9:35AM
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 Brokers, LLC
Investment Insights
Based on property information with market context.
This fully occupied fourplex at 4041 NW 30th Ter offers a total of four rental units, with one studio unit on a month-to-month lease and the remaining three units secured under annual lease agreements. The property is described as well maintained, and all units are reported to be in good condition. Prospective buyers should note that the photos included with the listing are not recent and may not reflect the current appearance of the units.
The property is located in Lauderdale Lakes, Florida. Please note that occupants should not be disturbed, and the property should not be visited without authorization. Showings are permitted only upon receipt of an executed offer.
For buyers seeking a residential income asset with current tenant occupancy, this fourplex provides an in-place leasing mix that combines monthly flexibility for the studio unit with longer-term structure through the three annual leases. With the stated maintenance and unit condition, the offering is positioned for an operator or investor looking to take over an already occupied property while maintaining awareness that updates visible in the listing may not match current unit appearances.
The property is located in Lauderdale Lakes, Florida. Please note that occupants should not be disturbed, and the property should not be visited without authorization. Showings are permitted only upon receipt of an executed offer.
For buyers seeking a residential income asset with current tenant occupancy, this fourplex provides an in-place leasing mix that combines monthly flexibility for the studio unit with longer-term structure through the three annual leases. With the stated maintenance and unit condition, the offering is positioned for an operator or investor looking to take over an already occupied property while maintaining awareness that updates visible in the listing may not match current unit appearances.
Key Highlights
- Fully occupied fourplex in Lauderdale Lakes with all units currently tenant occupied
- Includes 1 studio unit on a month‑to‑month lease
- Remaining 3 units are on annual lease agreements
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
$60,511
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
6.76%
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%
$1,210,220
$1.2M
Cap Rate 7%
$864,443
$864.4K
Cap Rate 9%
$672,344
$672.3K
Market Conditions
NOI Build-Up for 3,630 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
$91.5K $25.20/SF
− Vacancy
−$5.0K −$1.39/SF
EGI
$86.4K $23.81/SF
− OpEx
−$25.9K −$7.14/SF
NOI
$60.5K $16.67/SF
Area
Broward County, FL
Vacancy
5.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
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%
$1,210,220
Cap Rate 7%
$864,443
Cap Rate 9%
$672,344
Alternative Uses
Best Use
Multifamily LT 5
$864.4K
$756.4K – $1.01M
NOI $60,511 @ 7.0% cap · market cap 6.76%
Second Best
Apartment 5plus
$797.5K
$697.8K – $930.5K
NOI $55,827 @ 7.0% cap · market cap 6.24%
Theoretical Best
Office A
$1.84M
$1.61M – $2.15M
NOI $128,916 @ 7.0% cap · market cap 14.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
467
Businesses Nearby
Explore this area
Business Placement
Demographics for 33309, FL
37,642
Population
14,783
Households
2.5
Avg Household Size
39
Median Age
23%
College-Educated
85%
High-School Grad
9.7 sq mi
ZIP Area
3,881
Density / Sq Mi
$73,496
Median Household Income
$35,850
Median Earnings
$1,829
Median Rent
$309,100
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?
Quadplex - Fully occupied fourplex with one month-to-month studio and three units on annual leases in Lauderdale Lakes.
Where is this quadplex located?
The property is located at 4041 NW 30th Ter Lauderdale Lakes, FL.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Fully occupied fourplex in Lauderdale Lakes with all units currently tenant occupied; Includes 1 studio unit on a month‑to‑month lease; Remaining 3 units are on annual lease agreements
