Threeworld home
Multi-Family
United States
1 / 8

10435-10445 Cadieux Rd, Detroit, MI 48224

22
10435-10445 Cadieux Rd, Detroit, United States

A 17-unit multifamily property in the Yorkshire Woods neighborhood of Detroit, with well-maintained brick construction. All units are fully subsidized by the state of Michigan, similar to the Federal Section 8 program, providing stable tenancy. The neighborhood has a dense suburban feel and sits close to a major interstate highway for easy commutes into downtown.

Property Overview

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,609
▲ $609 (60.90%)
Investment Summary
Asset Price$833,910.00
Token Price$50.54
Annual Yield9.98%
Monthly Rental$6,936.00
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $833,910.00 in total. The property itself is $730,000.00, so 14.2% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price87.5%$730,000.00
  • Reserves and improvements2.5%$20,570.00
  • Other10.0%$83,340.00

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

16,500

Token Price

$50.54

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-10435-10445-CADIEUX-RD-DETROIT-MI

Contract Address

0x0d5d0B74c690170a82Bf52E5d16388fC4Fa29082

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

$833,910.00

Token Price$50.54
Annual Yield9.98%
Tokens AvailableN/A

Property Resources