Multi-Family
United States
1 / 13

16767 Greenfield Rd, Detroit, MI 48235

31
16767 Greenfield Rd, Detroit, United States

A 12-unit brick multi-family building in a residential Detroit neighborhood, 16767 Greenfield Rd sits blocks from two hospitals, a community college and a supermarket. Renovations and quality-of-life repairs are budgeted to support the property's income over the medium term.

Property Overview

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,749
▲ $749 (74.90%)
Investment Summary
Asset Price$597,080.00
Token Price$50.60
Annual Yield11.83%
Monthly Rental$5,888.00
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $597,080.00 in total. The property itself is $485,000.00, so 23.1% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price81.2%$485,000.00
  • Reserves and improvements8.8%$52,340.00
  • Other10.0%$59,740.00

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

11,800

Token Price

$50.60

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-16767-GREENFIELD-RD-DETROIT-MI

Contract Address

0xa6004Ca1faB428152f27135355F21D6BcDF355Bd

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

$597,080.00

Token Price$50.60
Annual Yield11.83%
Tokens AvailableN/A