Multi-Family
United States
1 / 26

1456 W 85th St

40
1456 W 85th St, Cleveland, United States

A three-unit triplex in Cleveland, Ohio, with all units fully renovated in 2009 and Unit 2 renovated again in 2019 including new mechanicals. The property features modern electrical panels, updated fixtures, and recently replaced hot water tanks. All three units are currently occupied on leases.

Property Overview

Bedrooms

8

Bathrooms

3

Size

3400 sq ft

Year Built

1915

Investment Returns Projection

Projected value

$1,293
$293 (29.30%)
Investment Summary
Asset Price$210,000.00
Token Price$31.25
Annual Yield5.28%
Monthly Rental$2,245.62
Appreciation RateN/A
Occupancy Rate100%
Where the Raise Goes

The offering costs $212,100.00 in total. The property itself is $210,000.00, so 1.0% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price99.0%$210,000.00
  • Closing and offering costs0.7%$1,500.00

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

4,662

Token Price

$31.25

Tokens Available

401

Minimum Investment

$31.25

Token Holders

187

Platform Fee

N/A

Management Fee

N/A

Leverage

Unlevered

Blockchain Network

Algorand

Token Symbol

LFTY0072

Property Features

Property Type

Multi-Family

Bedrooms

8

Bathrooms

3

Size

3400 sq ft

Year Built

1915

Condition

N/A

Street View
Total Price

$210,000.00

Token Price$31.25
Annual Yield5.28%
Tokens Available401