Multi-Family
United States
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1890 Marloes Ave, East Cleveland, OH 44112

16
1890 Marloes Ave, East Cleveland, United States

A multi-family property at 1890 Marloes Ave in East Cleveland, built in 1920, adjacent to a park with basketball and tennis courts and 500 feet from WH Kirk Middle School. The Cleveland Clinic-Stephanie Tubbs Jones Health Center is 0.5 miles away. Planned upgrades include renovating all units to Section 8 standards and finishing the basement unit.

Property Overview

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,240
▲ $240 (24.00%)
Investment Summary
Asset Price$1,169,100.00
Token Price$51.96
Annual Yield4.39%
Monthly Rental$4,278.45
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $1,169,100.00 in total. The property itself is $900,000.00, so 29.9% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price77.0%$900,000.00
  • Reserves and improvements12.9%$151,200.00
  • Other10.1%$117,900.00

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

22,500

Token Price

$51.96

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-1890-MARLOES-AVE-EAST-CLEVELAND-OH

Contract Address

0x7524d382373c1a091789978A8b2C1DC707D2B213

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

$1,169,100.00

Token Price$51.96
Annual Yield4.39%
Tokens AvailableN/A