18980 Fenton St, Detroit, MI 48219
A multi-family residence in Detroit built in 1963, comprising 24 fully-rented units and 24 parking spaces. The building has a mechanical room with two high-efficiency boilers, one main and one backup. It sits near three churches, Oak Grove park, and the Redford district, with easy access to shopping, dining, and commuter routes.
Bedrooms
N/A
Bathrooms
N/A
Size
N/A
Year Built
N/A
Projected value
The offering costs $1,281,375.00 in total. The property itself is $1,089,000.00, so 17.7% of the total sits on top of the purchase price in reserves, costs and fees.
- Purchase price85.0%$1,089,000.00
- Reserves and improvements5.0%$64,200.00
- Other10.0%$128,175.00
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
25,500
Token Price
$50.25
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-18980-FENTON-ST-DETROIT-MI
Contract Address
0x3839Ab8550a64940964E0ECb02ED301005A96FfC
Property Type
Multi-Family
Bedrooms
N/A
Bathrooms
N/A
Size
N/A
Year Built
N/A
Condition
N/A