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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 $112,261 $24.95
Other Income - -
Vacancy Loss - -
Effective Gross Income $112,261 $24.95
Taxes $7,721 $1.72
Operating Expenses $12,648 $2.81
Total Expenses $20,369 $4.53
Net Operating Income $91,892 $20.42

Financial Summary (Actual - 2024)

Gross Rental Income (CAD)
Annual $112,261
Annual Per SF $24.95
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $112,261
Annual Per SF $24.95
Taxes (CAD)
Annual $7,721
Annual Per SF $1.72
Operating Expenses (CAD)
Annual $12,648
Annual Per SF $2.81
Total Expenses (CAD)
Annual $20,369
Annual Per SF $4.53
Net Operating Income (CAD)
Annual $91,892
Annual Per SF $20.42

Property Facts

Price $1,328,619 CAD
Price Per Unit $221,436 CAD
Sale Type Investment
Cap Rate 7.37%
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 $1,849 CAD -
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
7004-09-00-0360
Land Assessment
$100,080 CAD (2026)
Improvements Assessment
$337,741 CAD (2026)
Total Assessment
$437,821 CAD (2026)
Annual Taxes
$7,721 CAD ($1.72 CAD/SF)
Tax Year
2024
  • Listing ID: 35656050

  • Date on Market: 2025-04-28

  • Last Updated:

  • Address: 1307 Cook St, Deland, FL 32724

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