RealT

16200 Fullerton Ave Detroit MI


Price
$177.95 USD (10.95%)

24h Volume
1,787

Market Cap
$676,210

Last Trade
February 29, 2020

Last Trade
February 29, 2020
16200 Fullerton Ave Detroit MI logo
RealT Price History

Fundraise Status

Number Investors 70
Raise Close Date November 25, 2019
Last Updated January 07, 2020

Raise Progress Closed

Soft Cap
100% Complete
Current Amount Raised $615,000USD

Terms

Fundraise Information

Total Raise $615,000 USD
Soft Cap $10,000 USD
Raise Status Open since Closed
Minimum Investment $162 USD
Accepted Investors US & International Accredited Only
Security Type dividend
Exemptions Reg S
Instrument Dividend

Token Information

Price Per (RealT) $162
Token Issuance Platform RealT
Token Protocol ERC-20
Token Issuance Info RealT
Payment Options
  • BTC
  • ETH
  • Other
  • USD

Token Rights

Each token grants the token holder the right to rent payments made by the tenant in the form of DAI (stablecoin)

About

Overview

Right in the heart of the revitalization of Detroit, 16200 Fullerton is a 15-unit apartment building that has undergone comprehensive renovations in 2019, and now is a stabilized, income-producing asset with vetted tenants. 16200 Fullerton is a high income-producing property, and due to its recent renovations, is positioned to be a low-maintenance property, with minimal vacancy rates.


Located near to Ford’s new factory, 16200 Fullerton is well-suited to capture the regrowth of Detroit’s manufacturing industry. With its 1.2-million-square-foot campus, focused on electric and self-driving vehicles, Ford estimates it will generate 5,000 new jobs in the local area. Also found nearby are local schools and businesses, putting the Fullerton apartments at the center of economic activity in Detroit. Just a few minutes outside of downtown, Fullerton is a great place for those who want access to the city life while still enjoying residential, quiet side of the industrial city.

Highlights

TBA