Share This Listing

Message

951 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Cook St Apts 1307 Cook St 6 Unit Apartment Building $1,361,022 CAD ($226,837 CAD/Unit) 7.34% Cap Rate Deland, FL 32724

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Great Location, Close to Stetson College
  • Opportunity to increase rents
  • Off Street Parking

EXECUTIVE SUMMARY

Great Income Generator,Easy to manage,Great Location,Close to the college,5 of the 6 units have had the interiors updated,all units have separate electric meters. Great approx 7% cap rate Plus a few rentals are below market So, good upside

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $114,410 $25.42
Other Income - -
Vacancy Loss - -
Effective Gross Income $114,410 $25.42
Taxes $7,869 $1.75
Operating Expenses $12,890 $2.86
Total Expenses $20,759 $4.61
Net Operating Income $93,651 $20.81

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income (CAD)
Annual $114,410
Annual Per SF $25.42
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $114,410
Annual Per SF $25.42
Taxes (CAD)
Annual $7,869
Annual Per SF $1.75
Operating Expenses (CAD)
Annual $12,890
Annual Per SF $2.86
Total Expenses (CAD)
Annual $20,759
Annual Per SF $4.61
Net Operating Income (CAD)
Annual $93,651
Annual Per SF $20.81

PROPERTY FACTS

Price $1,361,022 CAD
Price Per Unit $226,837 CAD
Sale Type Investment
Cap Rate 7.34%
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.34 AC
Building Size 4,500 SF
No. Stories 2
Year Built/Renovated 1972/2024
Zoning 01R6 - Residential

AMENITIES

UNIT AMENITIES

  • Dishwasher
  • Refrigerator
  • Oven

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 6 $1,884 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7004-09-00-0360
Land Assessment
$101,527 CAD (2025)
Improvements Assessment
$339,346 CAD (2025)
Total Assessment
$440,873 CAD (2025)
Annual Taxes
$7,869 CAD ($1.75 CAD/SF)
Tax Year
2024
  • Listing ID: 35656050

  • Date on Market: 2025-04-28

  • Last Updated:

  • Address: 1307 Cook St, Deland, FL 32724

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}