Threeworld home
Multi-Family
United States
1 / 27

13835 La Salle Blvd, Detroit, MI 48238

27
13835 La Salle Blvd, Detroit, United States

A 17-unit multi-family building at 13835 La Salle Blvd in Detroit's Durfee neighborhood, built in 1929. It sits close to highways, major streets and an area hospital, in a neighborhood originally developed by Ford Motor Company. The property is slated for renovation spanning the units, common areas, electrical systems and masonry.

Property Overview

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,473
▲ $473 (47.30%)
Investment Summary
Asset Price$752,100.00
Token Price$50.14
Annual Yield8.06%
Monthly Rental$5,050.00
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $752,100.00 in total. The property itself is $230,000.00, so 227.0% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price30.6%$230,000.00
  • Reserves and improvements59.2%$444,900.00
  • Other10.3%$77,200.00

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

15,000

Token Price

$50.14

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-13835-LA-SALLE-BLVD-DETROIT-MI

Contract Address

0x5d9eB5fc910176B08efA5f8D13812b85fDf3394B

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

$752,100.00

Token Price$50.14
Annual Yield8.06%
Tokens AvailableN/A

Property Resources