Multi-Family
United States
1 / 7

18881 Mound Rd, Detroit, MI 48234

26
18881 Mound Rd, Detroit, United States

A 1959 multi-family residence in Detroit's Krainz Woods neighborhood, 18881 Mound offers 3,732 square feet of living space across 8 units, each with 1 bedroom and 1 bathroom. The brick building has masonry foundations, forced air heating, and a dedicated driveway, and sits near Kern, Syracuse, and Syracuse-Hildale playgrounds.

Property Overview

Bedrooms

1

Bathrooms

1

Size

3732 sq ft

Year Built

N/A

Investment Returns Projection

Projected value

$1,547
$547 (54.70%)
Investment Summary
Asset Price$336,340.00
Token Price$50.20
Annual Yield9.12%
Monthly Rental$2,555.00
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $336,340.00 in total. The property itself is $270,000.00, so 24.6% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price80.3%$270,000.00
  • Reserves and improvements9.2%$31,100.00
  • Other10.5%$35,240.00

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

6,700

Token Price

$50.20

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-18881-MOUND-RD-DETROIT-MI

Contract Address

0x5c4e3fa9704d4212c6434190af6379cfbda47e13

Property Features

Property Type

Multi-Family

Bedrooms

1

Bathrooms

1

Size

3732 sq ft

Year Built

N/A

Condition

N/A

Street View
Total Price

$336,340.00

Token Price$50.20
Annual Yield9.12%
Tokens AvailableN/A