1 Holdings French Rd, Detroit, MI 48214
A group of 11 well-maintained single-family residences on French Road in Detroit, built in 2005. The holding sits near three earlier holding groups in the area and is not eligible for Section 42. A renovation budget of $27,500 is set aside for deferred maintenance to preserve the properties' condition and tenant appeal.
Bedrooms
N/A
Bathrooms
N/A
Size
N/A
Year Built
N/A
Projected value
The offering costs $714,260.00 in total. The property itself is $594,000.00, so 20.2% of the total sits on top of the purchase price in reserves, costs and fees.
- Purchase price83.2%$594,000.00
- Reserves and improvements6.6%$47,312.00
- Other10.2%$72,948.00
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.
Total Tokens
14,200
Token Price
$50.30
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-1-HOLDINGS-FRENCH-RD-DETROIT-MI
Contract Address
0x60888b47Eb7290EaA8823568FCFFA17Da1A853D9
Property Type
Single Family
Bedrooms
N/A
Bathrooms
N/A
Size
N/A
Year Built
N/A
Condition
N/A