Multi-Family
United States
1 / 36

333 Illinois Ave

44
333 Illinois Ave, Lorain, United States

A two-unit duplex in Lorain, Ohio, a few blocks from Lake Erie on a 6,534 sq ft lot. The back unit has 4 bedrooms, 1 bathroom and an attached one-car garage, while the front unit offers 2 bedrooms, 1 bathroom and a large living and dining room. Both units are occupied on one-year leases.

Property Overview

Bedrooms

6

Bathrooms

2

Size

3251 sq ft

Year Built

1930

Investment Returns Projection

Projected value

$1,383
$383 (38.30%)
Investment Summary
Asset Price$175,000.00
Token Price$24.99
Annual Yield6.70%
Monthly Rental$1,030.00
Appreciation RateN/A
Occupancy Rate100%
Where the Raise Goes

The offering costs $245,399.33 in total. The property itself is $175,000.00, so 40.2% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price71.3%$175,000.00
  • Closing and offering costs0.6%$1,350.00
  • Other28.1%$69,049.33

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

3,889

Token Price

$24.99

Tokens Available

276

Minimum Investment

$24.99

Token Holders

277

Platform Fee

N/A

Management Fee

N/A

Leverage

Unlevered

Blockchain Network

Algorand

Token Symbol

LFTY0018

Property Features

Property Type

Multi-Family

Bedrooms

6

Bathrooms

2

Size

3251 sq ft

Year Built

1930

Condition

N/A

Street View
Total Price

$175,000.00

Token Price$24.99
Annual Yield6.70%
Tokens Available276