Multi-Family
United States
1 / 24

13700 Dexter Ave, Detroit, MI 48238

24
13700 Dexter Ave, Detroit, United States

A ten-unit multi-family residence in Detroit's Oakman Boulevard Community, a Local Historic District. Built in 1949 and renovated in 2022, it offers one two-bedroom and nine one-bedroom units, each with one bathroom and forced-air furnace heating, plus a shared roof, boiler and garden.

Property Overview

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,621
▲ $621 (62.10%)
Investment Summary
Asset Price$629,625.00
Token Price$50.37
Annual Yield10.14%
Monthly Rental$5,321.50
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $629,625.00 in total. The property itself is $530,000.00, so 18.8% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price84.2%$530,000.00
  • Reserves and improvements5.4%$33,870.00
  • Other10.4%$65,755.00

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

12,500

Token Price

$50.37

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-13700-DEXTER-AVE-DETROIT-MI

Contract Address

0xaee6ded2c8723c1d81d1b5325a2e620fb055b77b

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

$629,625.00

Token Price$50.37
Annual Yield10.14%
Tokens AvailableN/A