Multi-Family
United States
1 / 7

324 Piper Blvd, Detroit, MI 48215

25
324 Piper Blvd, Detroit, United States

A brick duplex in Detroit with two fully-rented units, located near Grosse Pointe Park, Grosse Pointe and Grosse Pointe Farms, with easy access to shopping, dining and parks. The property needs some improvements, with planned renovations including a chimney liner and weather cap, exterior work and updates to the lower unit.

Property Overview

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,623
$623 (62.30%)
Investment Summary
Asset Price$130,110.00
Token Price$52.04
Annual Yield10.17%
Monthly Rental$1,102.80
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $130,110.00 in total. The property itself is $128,000.00, so 1.6% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price98.4%$128,000.00
  • Reserves and improvements0.4%$532.00
  • Other1.2%$1,578.00

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

2,500

Token Price

$52.04

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-324-PIPER-BLVD-DETROIT-MI

Contract Address

0x03CBe3DDa83908ad48643D6A1B5b13d11ACAF845

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

$130,110.00

Token Price$52.04
Annual Yield10.17%
Tokens AvailableN/A