Threeworld home
Multi-Family
United States
1 / 36

3588 Oakman Blvd, Detroit, MI 48204

28
3588 Oakman Blvd, Detroit, United States

A newly offered 12-unit multi-family building at 3588 Oakman Blvd in northwestern Detroit, built in 1945. The property sits near Highland Park, close to a major thoroughfare and neighborhoods with a concentration of universities, and features a large garden. Only minor work is planned, including paint touch-ups, maintenance and cleaning.

Property Overview

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,654
▲ $654 (65.40%)
Investment Summary
Asset Price$727,755.00
Token Price$50.19
Annual Yield10.59%
Monthly Rental$6,424.00
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $727,755.00 in total. The property itself is $626,000.00, so 16.3% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price86.0%$626,000.00
  • Reserves and improvements3.8%$27,920.00
  • Other10.1%$73,835.00

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

14,500

Token Price

$50.19

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-3588-OAKMAN-BLVD-DETROIT-MI

Contract Address

0x87b2fB660f790b936e42093036E0b519F0b50b24

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

$727,755.00

Token Price$50.19
Annual Yield10.59%
Tokens AvailableN/A

Property Resources