Multi-Family
United States
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10411-10421 Cadieux Rd, Detroit, MI 48224

29
10411-10421 Cadieux Rd, Detroit, United States

A recently renovated four-building, 24-unit apartment complex on Cadieux Road in Detroit. It sits next door to a state-subsidized property and across the street from an eight-unit multifamily offering.

Property Overview

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,625
$625 (62.50%)
Investment Summary
Asset Price$1,055,460.00
Token Price$50.26
Annual Yield10.20%
Monthly Rental$8,974.00
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $1,055,460.00 in total. The property itself is $875,000.00, so 20.6% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price82.9%$875,000.00
  • Reserves and improvements7.1%$74,970.00
  • Other10.0%$105,490.00

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

21,000

Token Price

$50.26

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-10411-10421-CADIEUX-RD-DETROIT-MI

Contract Address

0x07da3cDaE2396aA826387a48Deba5868d7Deb7bc

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

$1,055,460.00

Token Price$50.26
Annual Yield10.20%
Tokens AvailableN/A