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Cook St Apts 1307 Cook St 6 Unit Apartment Building $1,353,897 CAD ($225,649 CAD/Unit) 7.37% Cap Rate Deland, FL 32724



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 |
$114,397
|
$25.42
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$114,397
|
$25.42
|
| Taxes |
$7,868
|
$1.75
|
| Operating Expenses |
$12,889
|
$2.86
|
| Total Expenses |
$20,756
|
$4.61
|
| Net Operating Income |
$93,641
|
$20.81
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $114,397 |
| Annual Per SF | $25.42 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $114,397 |
| Annual Per SF | $25.42 |
| Taxes (CAD) | |
|---|---|
| Annual | $7,868 |
| Annual Per SF | $1.75 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $12,889 |
| Annual Per SF | $2.86 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $20,756 |
| Annual Per SF | $4.61 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $93,641 |
| Annual Per SF | $20.81 |
Property Facts
| Price | $1,353,897 CAD | Apartment Style | Garden |
| Price Per Unit | $225,649 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.34 AC |
| Cap Rate | 7.37% | Building Size | 4,500 SF |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1972/2024 |
| Property Subtype | Apartment | ||
| Zoning | 01R6 - Residential | ||
| Price | $1,353,897 CAD |
| Price Per Unit | $225,649 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 | $1,884 CAD | - |
1 1
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 7004-09-00-0360 | Total Assessment | $434,819 CAD (2026) |
| Land Assessment | $99,394 CAD (2026) | Annual Taxes | $7,868 CAD ($1.75 CAD/SF) |
| Improvements Assessment | $335,425 CAD (2026) | Tax Year | 2024 |
Property Taxes
Parcel Number
7004-09-00-0360
Land Assessment
$99,394 CAD (2026)
Improvements Assessment
$335,425 CAD (2026)
Total Assessment
$434,819 CAD (2026)
Annual Taxes
$7,868 CAD ($1.75 CAD/SF)
Tax Year
2024
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Cook St Apts | 1307 Cook St
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