|Raise Close Date||November 25, 2019|
|Last Updated||January 07, 2020|
|Current Amount Raised||$615,000USD|
|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|
|Price Per (RealT)||$162|
|Token Issuance Platform||RealT|
|Token Issuance Info||RealT|
Each token grants the token holder the right to rent payments made by the tenant in the form of DAI (stablecoin)
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.