Multi-Family
United States
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10030 Cadieux Rd, Detroit, MI 48224

32
10030 Cadieux Rd, Detroit, United States

An eight-unit brick multifamily built in 1957 on Cadieux Rd in Detroit's Yorkshire Woods neighborhood. The property is in excellent condition inside and out, with 12 parking spaces at the rear. It sits among other apartment complexes, just blocks from the freeway for an easy commute.

Property Overview

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,650
$650 (65.00%)
Investment Summary
Asset Price$412,880.00
Token Price$51.61
Annual Yield10.53%
Monthly Rental$3,621.40
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $412,880.00 in total. The property itself is $350,000.00, so 18.0% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price84.8%$350,000.00
  • Reserves and improvements5.2%$21,600.00
  • Other10.0%$41,280.00

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

8,000

Token Price

$51.61

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-10030-CADIEUX-RD-DETROIT-MI

Contract Address

0xdf7a80778a8be812e654291ffab21d61e9c21323

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

$412,880.00

Token Price$51.61
Annual Yield10.53%
Tokens AvailableN/A