Single Family
United States
1 / 18

1 Holdings Pierson St, Detroit, MI 48223

31
Pierson St, Detroit, United States

A group of 4 single-family residences on Pierson St in Detroit's Brightmoor neighborhood, totaling 5,936 square feet of living space on 24,260 square feet of land. Each home offers 3 bedrooms, 1.5 bathrooms, gas and forced air heating, and an attached garage. Nearby amenities include Optimist-Stout Playground and the Brightmoor Artisans Collective.

Property Overview

Bedrooms

3

Bathrooms

1.5

Size

5936 sq ft

Year Built

N/A

Investment Returns Projection

Projected value

$1,615
▲ $615 (61.50%)
Investment Summary
Asset Price$324,416.00
Token Price$50.69
Annual Yield10.06%
Monthly Rental$2,720.00
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $324,416.00 in total. The property itself is $252,000.00, so 28.7% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price77.7%$252,000.00
  • Reserves and improvements11.0%$35,600.00
  • Other11.3%$36,816.00

Figures as published by the platform at listing. Reserves are held for the property and stay inside the deal, closing costs and the platform fee do not.

Token Information

Total Tokens

6,400

Token Price

$50.69

Tokens Available

0

Minimum Investment

N/A

Token Holders

N/A

Platform Fee

N/A

Management Fee

N/A

Leverage

Not stated

Blockchain Network

Gnosis Chain

Token Symbol

REALTOKEN-S-1-HOLDINGS-PIERSON-ST-DETROIT-MI

Contract Address

0xaee3f1143003e6c0f342039a7efb63f543b2d33a

Property Features

Property Type

Single Family

Bedrooms

3

Bathrooms

1.5

Size

5936 sq ft

Year Built

N/A

Condition

N/A

Street View
Total Price

$324,416.00

Token Price$50.69
Annual Yield10.06%
Tokens AvailableN/A