Commercial
United States
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12615 Jackson Ave

58
12615 Jackson Ave, Grandview, United States

The Jackson Ten is a fully renovated 10-unit apartment building in Kansas City, near Grandview, with units averaging approximately 1,095 sq ft. Units feature new vinyl plank flooring, large eat-in kitchens with appliances, remodeled bathrooms, and many have patios or decks. The property offers 5 garage spaces, 2 parking spaces per unit, extra storage closets, and on-site coin-operated laundry.

Property Overview

Bedrooms

20

Bathrooms

10

Size

13140 sq ft

Year Built

1969

Investment Returns Projection

Projected value

$2,397
$1,397 (140%)
Investment Summary
Asset Price$1,350,000.00
Token Price$46.50
Annual Yield19.11%
Monthly Rental$12,239.00
Appreciation RateN/A
Occupancy Rate100%
Where the Raise Goes

The offering costs $2,212,320.00 in total. The property itself is $1,350,000.00, so 63.9% of the total sits on top of the purchase price in reserves, costs and fees. Investors put in $1,352,100.00 and a $860,220.00 loan covers the rest.

  • Purchase price61.0%$1,350,000.00
  • Closing and offering costs0.1%$1,500.00
  • Other38.9%$860,820.00

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

27,042

Token Price

$46.50

Tokens Available

101

Minimum Investment

$46.50

Token Holders

281

Platform Fee

N/A

Management Fee

N/A

Leverage

64% debt

Blockchain Network

Algorand

Token Symbol

LFTY0315

Property Features

Property Type

Commercial

Bedrooms

20

Bathrooms

10

Size

13140 sq ft

Year Built

1969

Condition

N/A

Street View
Total Price

$1,350,000.00

Token Price$46.50
Annual Yield19.11%
Tokens Available101