16085 E Seven Mile Token

RealT


Price
$54.35 USD (5.27%)

24h Volume
5

Market Cap
$592,438

Last Trade
February 19, 2024

Last Trade
February 19, 2024
16085 E Seven Mile logo

RealT Price

Trading History

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Terms

Fundraise Information

Total Raise $547,507 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) $54.35 USD (5.27%)
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: 10.48%

About

Overview

16085 E Seven Mile is a classic RealT bread-and-butter property: it was acquired at a good price, and offers stable rents month after month. Built in 1947, this new offering is composed of 10 units with 10 parking spaces. This property fits perfectly into RealT’s acquisition “economy-of-scale” strategy because of its proximity to 15634 Liberal St and 15841 Coram St.

Highlights

Property Type: Multi Family
Full Address: 16085 E Seven Mile, Detroit, MI 48205
Country: USA
Source: RealT
Neighborhood: Regent Park
Construction Year: 1947
Stories: 2 Stories
Total Units: 10 Units
Bedroom/Bath: 10x2 Bed / 10x1 Bath
Rental Type: Long-term
Rented?: Fully Rented
Rent Subsidy?: No