Multi-Family
United States
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19751 Marx St, Highland Park, MI 48203

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19751 Marx St, Highland Park, United States

A brick multi-family built in 1956 on Marx Street in Highland Park, with 16 fully-rented units and 18 parking spaces. The building sits close to Butler Playfield and Farwell Field parks, and the seller previously invested more than $100,000 into the large structures and mechanical room.

Property Overview

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,697
▲ $697 (69.70%)
Investment Summary
Asset Price$720,082.00
Token Price$50.71
Annual Yield11.16%
Monthly Rental$6,695.80
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $720,082.00 in total. The property itself is $604,000.00, so 19.2% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price83.9%$604,000.00
  • Reserves and improvements6.1%$44,100.00
  • Other10.0%$71,982.00

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

14,200

Token Price

$50.71

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-19751-MARX-ST-HIGHLAND-PARK-MI

Contract Address

0xaC0d5dBfEd881b3ffaeBc7152bC2Bc23464FE0cC

Property Features

Property Type

Multi-Family

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Condition

N/A

Street View
Total Price

$720,082.00

Token Price$50.71
Annual Yield11.16%
Tokens AvailableN/A