1521-1523 S Drake Token

RealT


Price
$57.85 USD (2.43%)

24h Volume
3

Market Cap
$925,588

Last Trade
February 22, 2024

Last Trade
February 22, 2024
1521-1523 S Drake logo

RealT Price

Trading History

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Terms

Fundraise Information

Total Raise $799,200 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) $57.85 USD (2.43%)
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: 7.70%

About

Overview

1521 and 1523 S. Drake are the best of a package of buildings purchased from a seller who personally curated and nurtured the tenancies, and personally managed the operations on a daily basis. They represent among the most exciting real estate investment opportunities we’ve offered to date: Two grey stone buildings in the sought after Lawndale neighborhood of Chicago, side by side, each with six units resulting in investment diversification, downside insulation and built-in economies and efficiencies of operation… all in one offering. One building is a past winner of the Chicago Association of Realtors “outstanding rehabs“ award and the other sports a recently installed new roof, new thermal pane windows, and a new steel porch. These buildings are not only attractive, they are in particularly good operating shape.

Highlights