4239 Alter Rd, Detroit, MI 48215
A 12-unit multi-family property in the Fox Creek neighborhood of Detroit, close to Grosse Pointe and Grosse Pointe Park. The roof and windows are already new, with a $35,000 renovation budgeted for the units and common areas. Nearby properties are newly built, with further development planned next door.
Bedrooms
N/A
Bathrooms
N/A
Size
N/A
Year Built
N/A
Projected value
The offering costs $551,104.00 in total. The property itself is $440,000.00, so 25.3% of the total sits on top of the purchase price in reserves, costs and fees.
- Purchase price79.8%$440,000.00
- Reserves and improvements10.0%$54,960.00
- Other10.2%$56,144.00
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
10,900
Token Price
$50.56
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-4239-ALTER-RD-DETROIT-MI
Contract Address
0x3AC16e7177a55D5fd8F8aB58263D1c764D462fDE
Property Type
Multi-Family
Bedrooms
N/A
Bathrooms
N/A
Size
N/A
Year Built
N/A
Condition
N/A