16851-16881 Greenfield Rd Token

RealT


Price
$53.03 USD (2.95%)

24h Volume
0

Market Cap
$1,962,035

Last Trade
April 18, 2024

Last Trade
April 18, 2024
16851-16881 Greenfield Rd logo

RealT Market Cap & Volume

Source: STM.co

Trading History

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Terms

Fundraise Information

Total Raise $1,881,450 USD
Soft Cap $0 USD
Raise Status Closed
Minimum Investment $51 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) $53.03 USD (2.95%)
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: 8.25%.

About

Overview

Greenfield is an extremely well-maintained set of buildings with 36 units and long-term tenants. 10 of those units are rent-subsidized via the Federal HUD Section 8 program, which makes for very stable rent payments, and we intend to bring the rest of the units up to Section 8 standards with RealT's initial renovation budget of $35,000.

Highlights

Property Type: Multi Family
Full Address: 16851-16881 Greenfield Rd, Detroit, MI 48235
Country: USA
Source: RealT
Neighborhood: Crary - St-Marys
Construction Year: 1954
Stories: 2 Stories
Total Units: 36 Units
Bedroom/Bath: 36x1.5 Bed / 36
Rental Type: Long-term
Rented?: 31 / 36 Units
Rent Subsidy?: Section 8
Rent Subsidy Pays: 26%