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Security Token Market

1610 E State Fair Ave Token

RealT

Price
$71.65 USD (0%)
24h Volume
0.00
Market Cap
$866,985
Last Trade
December 21, 2024
Last Trade
December 21, 2024
1610 E State Fair Ave logo

RealT Market Cap & Volume

Source: STM.co

Real Estate Trading Equity International Non-US

Trading History

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Terms

Fundraise Information

Total Raise $608,751 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) $71.65 USD (0%)
Token Issuance Platform RealT
Secondary Marketplace Levinswap
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: 12.00%.

About

Overview

Built in 1957, this multi-family has 16 fully-rented units and 16 parking spaces. This property is located close to Nolan Elementary-Middle School, 2 churches, a medical center, and a Dollar General Store where all items are between $1 and $5, which fits into tenants’ budgets. The nearby school and churches help to find and keep more responsible tenants as well.

Highlights

Property Type: Multi Family
Full Address: 1610 E State Fair Ave, Detroit, MI 48203
Country: USA
Source: RealT
Neighborhood: Nolan
Construction Year: 1957
Stories: 2 Stories
Total Units: 16 Units
Bedroom/Bath: 16x1 Bed / 16x1 Bath
Rental Type: Long-term
Rented?: 15 / 16 Units
Rent Subsidy?: No