Multi-Family
United States
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14511 Houston-Whittier St, Detroit, MI 48205

31
14511 Houston-Whittier St, Detroit, United States

A multi-family residence in Detroit with 14 units, built in 1962. The property has been well maintained by its long-term owner and needs only minor renovation, including a boiler replacement and some exterior and unit improvements. It sits on a street where the platform already holds two other multi-family properties.

Property Overview

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,833
▲ $833 (83.30%)
Investment Summary
Asset Price$643,840.00
Token Price$50.30
Annual Yield12.88%
Monthly Rental$6,910.00
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $643,840.00 in total. The property itself is $548,000.00, so 17.5% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price85.1%$548,000.00
  • Reserves and improvements3.6%$23,000.00
  • Other11.3%$72,840.00

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

12,800

Token Price

$50.30

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-14511-HOUSTON-WHITTIER-ST-DETROIT-MI

Contract Address

0xa3bb6EA63C0fBf259E16ffe0586d84b2C83d7229

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

$643,840.00

Token Price$50.30
Annual Yield12.88%
Tokens AvailableN/A