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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 $115,440 $25.65
Other Income - -
Vacancy Loss - -
Effective Gross Income $115,440 $25.65
Taxes $7,940 $1.76
Operating Expenses $13,006 $2.89
Total Expenses $20,946 $4.65
Net Operating Income $94,494 $21.00

Financial Summary (Actual - 2024)

Gross Rental Income (CAD)
Annual $115,440
Annual Per SF $25.65
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $115,440
Annual Per SF $25.65
Taxes (CAD)
Annual $7,940
Annual Per SF $1.76
Operating Expenses (CAD)
Annual $13,006
Annual Per SF $2.89
Total Expenses (CAD)
Annual $20,946
Annual Per SF $4.65
Net Operating Income (CAD)
Annual $94,494
Annual Per SF $21.00

Property Facts

Price $1,366,235 CAD
Price Per Unit $227,706 CAD
Sale Type Investment
Cap Rate 7.37%
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.34 AC
Building Size 4,500 SF
No. Stories 2
Year Built/Renovated 1972/2024
Parking Ratio 1.5/1,000 SF
Zoning 01R6 - Residential

Amenities

Unit Amenities

  • Dishwasher
  • Refrigerator
  • Oven

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 6 $1,901 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
$102,255 CAD (2026)
Improvements Assessment
$345,081 CAD (2026)
Total Assessment
$447,336 CAD (2026)
Annual Taxes
$7,940 CAD ($1.76 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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