DeLand Multifamily Investment
1307 Cook St Deland, FL 32724
1307 Cook St, Deland, FL, 32724
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For Sale
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Six-unit apartment building in DeLand, Florida, with 12 bedrooms.
Property Size4,500 SF
Price / SF$213.33
Days on Market56
Property Features for 1307 Cook St
General Information
- Standard status
- Active
- Size
- 4,500 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1972
Listing Agency
Southern Realty Enterprises Inc
Listed by
Frank Filippelli · License #FL BK316243
Source
Crexi
Added: May 24 Checked: Jul 17 at 8:44 am
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 Southern Realty Enterprises Inc
Investment Insights
Based on property information with market context.
This is a six-unit apartment building located on Cook Street in DeLand, Florida. The property encompasses 4,500 square feet and features a total of 12 bedrooms and 6 bathrooms.
Key Highlights
- Multi‑unit apartment building: Ideal for investment and rental income potential.
- Located in Deland, FL: Attractive location for tenants and property value.
- 6 Units: Provides a diverse income stream and tenant base.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $69.7k | $15.48 |
| − Vacancy | −$7.3k | −$1.63 |
| EGI | $62.3k | $13.85 |
| − OpEx | −$28.1k | −$6.23 |
| NOI | $34.3k | $7.62 |
4,500 SF · lease $15.48/SF/yr · vacancy 10.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$489.9K
$428.6K – $571.5K
NOI $34,290 @ 7.0% cap · market cap 3.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.33M
$1.16M – $1.55M
NOI $92,880 @ 7.0% cap · market cap 9.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Six-unit apartment building in DeLand, Florida, with 12 bedrooms.
Where is this apartment building located?
The property is located at 1307 Cook St Deland, FL.
What is the asking price?
The asking price for this property is $960,000.
What are key features of this property?
This property features: Multi‑unit apartment building: Ideal for investment and rental income potential.; Located in Deland, FL: Attractive location for tenants and property value.; 6 Units: Provides a diverse income stream and tenant base.
