724 3rd Ave
A triplex with three residential units in Watervliet, near the Hudson River. Two of the three units are leased and one is vacant and under renovation. The property sits in a residential area with easy access to shops, schools, parks, and nearby Troy and Albany.
Bedrooms
4
Bathrooms
3
Size
1980 sq ft
Year Built
1890
Projected value
The offering costs $325,507.80 in total. The property itself is $231,000.00, so 40.9% of the total sits on top of the purchase price in reserves, costs and fees. Investors put in $236,850.00 and a $88,657.80 loan covers the rest.
- Purchase price71.0%$231,000.00
- Closing and offering costs0.7%$2,200.00
- Other28.4%$92,307.80
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
4,957
Token Price
$30.00
Tokens Available
477
Minimum Investment
$30.00
Token Holders
113
Platform Fee
N/A
Management Fee
N/A
Leverage
38% debt
Blockchain Network
Algorand
Token Symbol
LFTY0403
Property Type
Multi-Family
Bedrooms
4
Bathrooms
3
Size
1980 sq ft
Year Built
1890
Condition
N/A
