Multi-Family
United States
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19750 Marx St, Highland Park, MI 48203

27
19750 Marx St, Highland Park, United States

A multi-family residence in Highland Park built in 1956, offering 16 fully-rented units and 15 parking spaces. Located near Butler Playfield and Farwell Field parks, the building had its mechanical room refitted in 2020, with renovations to units, balconies and outdoor areas planned.

Property Overview

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,723
▲ $723 (72.30%)
Investment Summary
Asset Price$714,402.00
Token Price$50.31
Annual Yield11.50%
Monthly Rental$6,845.20
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $714,402.00 in total. The property itself is $604,000.00, so 18.3% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price84.5%$604,000.00
  • Reserves and improvements5.5%$38,940.00
  • Other10.0%$71,462.00

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

$50.31

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-19750-MARX-ST-HIGHLAND-PARK-MI

Contract Address

0x5D0436F003AEF56990194f79A242Bc185843aEa5

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

$714,402.00

Token Price$50.31
Annual Yield11.50%
Tokens AvailableN/A