10024-10028 Appoline St Token

RealT


Price
$205 USD (0%)

24h Volume
0

Market Cap
$821,828

Last Trade
June 13, 2024

Last Trade
June 13, 2024
10024-10028 Appoline St logo

RealT Market Cap & Volume

Source: STM.co

Trading History

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Fundraise Status

Number Investors 184
Raise Close Date March 04, 2020
Last Updated January 30, 2024

Raise Progress Closed

Soft Cap
83.75% Complete
Current Amount Raised $582,000USD

Terms

Fundraise Information

Total Raise $694,948 USD
Soft Cap $100,000 USD
Raise Status Closed
Minimum Investment $174 USD
Accepted Investors International Non-US
Exemptions RegS
Instrument Equity
Token Issuance Info No lock up period due to RegS

Token Information

Price Per (RealT) $205.46 USD (0%)
Token Issuance Platform RealT
Blockchains Available On Gnosis Chain
Security Type Equity
Asset Class Real Estate
Payment Options Other

Token Rights

Each token grants the token holder the right to rent payments made by the tenant in the form of USDC or XDAI (stablecoin). Expected Income: 10.24%.

About

Overview

Built in the 60’s, all 15 units were recently upgraded to conform to current market standards. In 2018, the roof was completely replaced. The apartment is currently fully rented, with a wait-list of available renters due to the below-market rate of $620 per month per unit.


To see a walkthrough of the property, please visit: http://smartfloorplan.com/p/t/shell5.php?id=v440516

Highlights

Property Highlights

Expected Yield: 11.47%

Rent per Token: $16.70 / year

Token Price: $145.56

Total Tokens: 4,000

Property Type: Multi Family

Neighborhood: Barton - McFarland

Square Feet: 12,064

Bedroom/Bath: 15-Unit Multifamily

Rented?: Fully Rented

Section 8?: Section 8 Pays...100%

Financials

Gross Rent / year: $100,992.00

Gross Rent / month: $8,416.00

Monthly Costs: $2,849.11

Net Rent / month: $5,566.89

Net Rent / year: $66,802.68

Total Investment: $582,200.00

Expected Yield: 11.47%