Threeworld home
Multi-Family
United States
1 / 7

11750 Morang Ave, Detroit, MI 48224

26
11750 Morang Ave, Detroit, United States

A 12-unit brick multi-family property in the Moross-Morang neighborhood of Detroit. Recently renovated with a new boiler, heater, roof and external brick repair, it has iron doors, surveillance cameras, a front iron fence and grassy common area, plus rear parking for each unit.

Property Overview

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,668
▲ $668 (66.80%)
Investment Summary
Asset Price$619,680.00
Token Price$51.64
Annual Yield10.77%
Monthly Rental$5,563.50
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $619,680.00 in total. The property itself is $540,000.00, so 14.8% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price87.1%$540,000.00
  • Reserves and improvements2.9%$17,700.00
  • Other10.0%$61,980.00

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

12,000

Token Price

$51.64

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-11750-MORANG-AVE-DETROIT-MI

Contract Address

0xCCCA5323052435Aa4b0eC94c1d0255f17E4f495C

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

$619,680.00

Token Price$51.64
Annual Yield10.77%
Tokens AvailableN/A

Property Resources