Threeworld home
Multi-Family
United States
1 / 16

14881 Greenfield Rd, Detroit, MI 48227

32
14881 Greenfield Rd, Detroit, United States

A 14-unit multi-family property on Greenfield Rd in Detroit, built in 1952. It sits on the same street as two other properties in the portfolio. Planned work includes bringing units up to Section 8 standards, electrical repairs, exterior railing replacement, and refitting the machine room with a new water heater and boiler.

Property Overview

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,706
▲ $706 (70.60%)
Investment Summary
Asset Price$590,382.00
Token Price$50.46
Annual Yield11.27%
Monthly Rental$5,546.40
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $590,382.00 in total. The property itself is $470,000.00, so 25.6% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price79.6%$470,000.00
  • Reserves and improvements10.3%$60,800.00
  • Other10.1%$59,582.00

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

11,700

Token Price

$50.46

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-14881-GREENFIELD-RD-DETROIT-MI

Contract Address

0xf3c4c10ab96f9B6d7719De63f4219f69078Df976

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

$590,382.00

Token Price$50.46
Annual Yield11.27%
Tokens AvailableN/A

Property Resources