Multi-Family
United States
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8342 Schaefer Hwy, Detroit, MI 48228

29
8342 Schaefer Hwy, Detroit, United States

A quadruplex at 8342 Schaefer Hwy in Detroit, less than a mile from five schools in a family-friendly neighborhood. Three of its four apartments are Section 8, and the fourth is occupied by a long-time tenant. The building offers renters the space of individual units with the economies of scale of a small multi-family property.

Property Overview

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,883
▲ $883 (88.30%)
Investment Summary
Asset Price$208,000.00
Token Price$52.00
Annual Yield13.49%
Monthly Rental$2,337.62
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $208,000.00 in total. The property itself is $205,000.00, so 1.5% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price98.6%$205,000.00
  • Reserves and improvements1.4%$3,000.00

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

4,000

Token Price

$52.00

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-8342-SCHAEFER-HWY-DETROIT-MI

Contract Address

0x741857c07b100c9C0C1272D95845dDdc4f1b67cB

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

$208,000.00

Token Price$52.00
Annual Yield13.49%
Tokens AvailableN/A