14409 Linnhurst St Token

RealT


Price
$50.29 USD (0.12%)

24h Volume
10

Market Cap
$1,156,673

Last Trade
March 10, 2024

Last Trade
March 10, 2024
14409 Linnhurst St logo

RealT Market Cap & Volume

Source: STM.co

Trading History

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Terms

Fundraise Information

Total Raise $1,153,680 USD
Soft Cap $0 USD
Raise Status Closed
Minimum Investment $50 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) $50.29 USD (0.12%)
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: 8.04%

About

Overview

Built in 1928, this beautiful brick multi-family shows classic styling from the prewar period, including mature landscaping, trees, and statuary. Linnhurst hosts 23 fully-rented units, and ticks all the boxes for a RealT community and family-oriented property, having been acquired at a good price and offering stable rents month after month. This property is also located on the east side of the city, where we already have an interesting presence at 13041 Hayes, 15203 Park Grove St, and 14882 Troester St. Linnhurst is a 15-minute drive to the neighborhoods of Grosse Pointe Park, Grosse Pointe and Grosse Pointe Farms, where you’ll find many luxury properties

Highlights

Expected Income: 10.14% not including capital appreciation Rent Start Date: July 15, 2022 Rent per Token: $5.08 / year Token Price: $50.16 Total Tokens: 23,000 Gross Rent / year: $215,280.00 Gross Rent / month: $17,940.00 Monthly Costs: - $8,195.00 Net Rent / month: $9,745.00 Net Rent / year: $116,940.00 Total Investment: $1,153,680.00 Expected Income: 10.14%