11701 Morang Ave Token

RealT


Price
$51.06 USD (2.78%)

24h Volume
5

Market Cap
$1,633,823

Last Trade
February 12, 2024

Last Trade
February 12, 2024
11701 Morang Ave logo

RealT Price

Trading History

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Terms

Fundraise Information

Total Raise $1,576,960 USD
Soft Cap $0 USD
Raise Status Closed
Minimum Investment $49 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) $51.06 USD (2.78%)
Token Issuance Platform RealT
Blockchains Available On Gnosis Chain
Security Type Equity
Asset Class Real Estate
Payment Options TBA

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: 10.54%.

About

Overview

Built in 1955, 11701 Morang is located in the eastern part of the city very near 11750 Morang. The tenants have easy access to major highways and the city center, as well as luxury neighborhoods such as Grosse Pointe Park, Grosse Pointe and Grosse Pointe Farms where they can work as cleaners, gardeners, and maintenance workers.

Highlights

Property Type: Multi Family
Full Address: 11701 Morang Ave, Detroit, MI 48224
Country: USA
Source: RealT
Neighborhood: Denby
Construction Year: 1955
Stories: 2 Stories
Total Units: 32 Units
Bedroom/Bath: 8x2 ; 24x1 Beds / 32x1 Baths
Rental Type: Long-term
Rented?: Fully Rented
Rent Subsidy?: No