11078 Longview St Detroit MI Token

RealT


Price
$62.47 USD (0%)

24h Volume
0

Market Cap
$937,095

Last Trade
May 23, 2024

Last Trade
May 23, 2024
11078 Longview St Detroit MI logo

RealT Market Cap & Volume

Source: STM.co

Trading History

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Terms

Fundraise Information

Total Raise $758,850 USD
Soft Cap $4 USD
Raise Status Closed
Minimum Investment $51 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) $62.47 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: 13.09%

About

Overview

11078 Longview is a full Section 8 building on a double lot, which gives it both exceptionally stable cash flow AND great potential for future development. This classic brick building has been fully renovated, and offers 13 two-bedroom, one-bath units inside, along with a beautiful green space outside. Perhaps best of all, Longview is easy: quality renovations make maintenance straightforward and predictable, and the long-term Section 8 tenants reduce management overhead. Longview is located in the Ravendale neighborhood, which offers residents a sparse suburban feel together with easy access to the amenities of the city, including a number of large parks within walking distance.

Highlights

Property Type: Multi Family
Full Address: 11078 Longview St, Detroit, MI 48213
Country: USA
Source: RealT
Neighborhood: Ravendale
Construction Year: 1928
Total Units: 13 Units
Bedroom/Bath: 13x2 / 13x1
Rental Type: Long-term
Rented?: Fully Rented
Rent Subsidy?: Section 8
Rent Subsidy Pays: 100%