| Number Investors | 70 |
| Raise Close Date | November 25, 2019 |
| Last Updated | August 15, 2022 |
| Current Amount Raised | $615,000USD |
| Total Raise | $615,000 USD |
| Soft Cap | $10,000 USD |
| Raise Status | Open since Closed |
| Minimum Investment | $615,000 USD |
| Accepted Investors | Tba |
| Security Type | Dividend |
| Exemptions | Reg S |
| Instrument | Dividend |
| Price Per (RealT) | $251.46 USD |
| Token Issuance Platform | RealT |
| Token Protocol | ERC-20 |
| Token Issuance Info | RealT |
| Payment Options |
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Token Rights
Each token grants the token holder the right to rent payments made by the tenant in the form of DAI (stablecoin)
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.
Property Highlights
Expected Yield: TBD%
Rent per Token: $13.68 / year
Token Price: $144.74
Total Tokens: 3,800
Property Type: Apartment
Neighborhood: Orchard Grove Park
Square Feet: 14,400
Rented?: 10 / 14 Units
Financials
Gross Rent / year: $71,142.85
Gross Rent / month: $5,928.57
Monthly Costs: $1,595.67
Net Rent / month: $4,332.90
Net Rent / year: $51,994.80
Total Investment: $550,000.00
