Multi-Family
United States
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(S) 3510 Ewald Cir, Detroit, MI 48204

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(S) 3510 Ewald Cir, Detroit, United States

A 16-unit multi-family property on Ewald Circle in Detroit, built in 1949 and with 16 parking spaces on the lot. Owned by the same owner since 1978 and occupied by 16 tenants, it sits near Highland Park in a neighborhood with a concentration of universities and close to a common thoroughfare.

Property Overview

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,702
▲ $702 (70.20%)
Investment Summary
Asset Price$936,683.00
Token Price$50.09
Annual Yield11.22%
Monthly Rental$8,754.20
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $936,683.00 in total. The property itself is $802,500.00, so 16.7% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price85.7%$802,500.00
  • Reserves and improvements3.4%$32,000.00
  • Other10.9%$102,183.00

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

18,700

Token Price

$50.09

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-3510-EWALD-CIR-DETROIT-MI

Contract Address

0x7909090541D646A262a3062639298772a2c79dAA

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

$936,683.00

Token Price$50.09
Annual Yield11.22%
Tokens AvailableN/A