Threeworld home
Multi-Family
United States
1 / 10

20160 Conant St, Detroit, MI 48234

35
20160 Conant St, Detroit, United States

A 22-unit multi-family property on Conant Street in Detroit's Butler neighborhood, fully occupied with onsite parking, storage, air-conditioning units and laundry facilities. The building is partially renovated and in good condition, a five-minute walk from Butter Playground and ten minutes from Marx-Remington Park, with access to public transportation and major expressways.

Property Overview

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,823
▲ $823 (82.30%)
Investment Summary
Asset Price$985,910.00
Token Price$51.89
Annual Yield12.76%
Monthly Rental$10,485.15
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $985,910.00 in total. The property itself is $850,000.00, so 16.0% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price86.2%$850,000.00
  • Reserves and improvements3.8%$37,300.00
  • Other10.0%$98,610.00

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

19,000

Token Price

$51.89

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-20160-CONANT-ST-DETROIT-MI

Contract Address

0x529ff4d9b07acd6366d0c3eb077ebaa2b06e71c4

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

$985,910.00

Token Price$51.89
Annual Yield12.76%
Tokens AvailableN/A

Property Resources