Multi-Family
United States
1 / 5

1000 Florida Ave, Akron, OH 44314

35
1000 Florida Ave, Akron, United States

A vintage brick multi-family at 1000 Florida Ave in the Kenmore neighborhood of Akron, Ohio. The "4+1" quad-plex has four main units plus a basement unit and sits adjacent to a park on a quiet residential street. Renovations are planned to bring the property up to Section 8 standards.

Property Overview

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,845
▲ $845 (84.50%)
Investment Summary
Asset Price$235,960.00
Token Price$58.99
Annual Yield13.03%
Monthly Rental$2,562.93
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $235,960.00 in total. The property itself is $157,500.00, so 49.8% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price66.7%$157,500.00
  • Reserves and improvements23.2%$54,850.00
  • Other10.0%$23,610.00

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

$58.99

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-1000-FLORIDA-AVE-AKRON-OH

Contract Address

0x1Eb16EC378f0Ce8f81449120629F52ba28961d47

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

$235,960.00

Token Price$58.99
Annual Yield13.03%
Tokens AvailableN/A