Threeworld home
Multi-Family
United States
1 / 28

14409 Linnhurst St, Detroit, MI 48205

34
14409 Linnhurst St, Detroit, United States

A 1928 brick multi-family building on Linnhurst Street on Detroit's east side, with 23 fully-rented units and classic prewar styling, mature landscaping and statuary. Planned renovations include a new roof, sewer drain repair and refreshed units. It sits a 15-minute drive from the Grosse Pointe Park, Grosse Pointe and Grosse Pointe Farms neighborhoods.

Property Overview

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,677
▲ $677 (67.70%)
Investment Summary
Asset Price$1,153,680.00
Token Price$50.16
Annual Yield10.89%
Monthly Rental$10,469.50
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $1,153,680.00 in total. The property itself is $972,000.00, so 18.7% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price84.3%$972,000.00
  • Reserves and improvements5.7%$65,880.00
  • Other10.0%$115,800.00

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

23,000

Token Price

$50.16

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-14409-LINNHURST-ST-DETROIT-MI

Contract Address

0x5B571D103e670848ce8CdE37f93821c9c93c7c43

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

$1,153,680.00

Token Price$50.16
Annual Yield10.89%
Tokens AvailableN/A

Property Resources