Apartment
United States
1 / 13

9171 Whittier Ave, Detroit, MI 48224

33
9171 Whittier Ave, Detroit, United States

A seven-unit apartment building on Whittier Ave in Detroit, with each unit offering one-and-a-half bedrooms and one bathroom. The units have been recently renovated with new windows, plumbing, floors, paint, air conditioning and appliances, and the roof has a life expectancy of 5-7 years. The property sits near major highways, public transportation, shopping and restaurants.

Property Overview

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,847
$847 (84.70%)
Investment Summary
Asset Price$297,000.00
Token Price$49.50
Annual Yield13.06%
Monthly Rental$3,232.50
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $297,000.00 in total. The property itself is $255,000.00, so 16.5% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price85.9%$255,000.00
  • Reserves and improvements4.1%$12,300.00
  • Other10.0%$29,700.00

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

6,000

Token Price

$49.50

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-9171-WHITTIER-AVE-DETROIT-MI

Contract Address

0x18E55343ECFc135E21916fcdb9788acCB5B53cAF

Property Features

Property Type

Apartment

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Condition

N/A

Street View
Total Price

$297,000.00

Token Price$49.50
Annual Yield13.06%
Tokens AvailableN/A