12641 Elmdale St, Detroit, MI 48213
A classic brick multi-family building with 23 units on Elmdale St in Detroit, east of the city and close to the Grosse Pointe Park, Grosse Pointe and Grosse Pointe Farms neighborhoods. The roof and top floor have been renovated, and 15 units on the first two floors are planned to be brought up to Section 8 standards.
Bedrooms
N/A
Bathrooms
N/A
Size
N/A
Year Built
N/A
Projected value
The offering costs $1,309,935.00 in total. The property itself is $1,045,000.00, so 25.4% of the total sits on top of the purchase price in reserves, costs and fees.
- Purchase price79.8%$1,045,000.00
- Reserves and improvements10.2%$133,000.00
- Other10.1%$131,935.00
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.
Total Tokens
25,500
Token Price
$51.37
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-12641-ELMDALE-ST-DETROIT-MI
Contract Address
0x9aFDd1e3EEc7985b9Dcc3dA1ed030498ea031a6C
Property Type
Multi-Family
Bedrooms
N/A
Bathrooms
N/A
Size
N/A
Year Built
N/A
Condition
N/A