Threeworld home
Multi-Family
United States
1 / 18

19000 Fenton St, Detroit, MI 48219

26
19000 Fenton St, Detroit, United States

A multi-family property at 19000 Fenton St in Detroit, built in 1963, with 24 fully-rented units and 24 parking spaces. It is the twin of the neighboring 18980 Fenton property and sits near three churches, a park, and commuter routes with easy access to shopping and dining.

Property Overview

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,725
▲ $725 (72.50%)
Investment Summary
Asset Price$1,201,440.00
Token Price$50.06
Annual Yield11.52%
Monthly Rental$11,537.00
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $1,201,440.00 in total. The property itself is $1,009,000.00, so 19.1% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price84.0%$1,009,000.00
  • Reserves and improvements6.0%$72,200.00
  • Other10.0%$120,240.00

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

24,000

Token Price

$50.06

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-19000-FENTON-ST-DETROIT-MI

Contract Address

0xf7412e264FA85AE5e79ac3A4B64cE4669E32B98f

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

$1,201,440.00

Token Price$50.06
Annual Yield11.52%
Tokens AvailableN/A

Property Resources