Multi-Family
United States
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12050 Bryden St, Detroit, MI 48204

24
12050 Bryden St, Detroit, United States

A 22-unit multi-family building at 12050 Bryden St in Detroit, built in 1954. Located near Highland Park and close to a common thoroughfare, it sits in a neighborhood known for its concentration of universities. Planned renovations include replacing the four balcony beams, replacing the carpet, repainting and upgrading the common areas.

Property Overview

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,634
▲ $634 (63.40%)
Investment Summary
Asset Price$1,007,200.00
Token Price$50.36
Annual Yield10.32%
Monthly Rental$8,663.00
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $1,007,200.00 in total. The property itself is $843,000.00, so 19.5% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price83.7%$843,000.00
  • Reserves and improvements6.2%$62,500.00
  • Other10.1%$101,700.00

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

20,000

Token Price

$50.36

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-12050-BRYDEN-ST-DETROIT-MI

Contract Address

0x1d9Fd5c3FbFd4758F22438a336068b813872cEfC

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

$1,007,200.00

Token Price$50.36
Annual Yield10.32%
Tokens AvailableN/A