19000 Fenton St Token

RealT


Price
$56.02 USD (2.59%)

24h Volume
5

Market Cap
$1,344,579

Last Trade
April 14, 2024

Last Trade
April 14, 2024
19000 Fenton St logo

RealT Market Cap & Volume

Source: STM.co

Trading History

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Terms

Fundraise Information

Total Raise $1,201,440 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) $56.02 USD (2.59%)
Token Issuance Platform RealT
Blockchains Available On Gnosis Chain
Security Type TBA
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)

About

Overview

Fenton has strong tenant demand, with three churches next door (Harvest Christian Church, Redford Church, Westside Bible Church) and a park that starts at Oak Grove (less than a mile from the property) and goes down to Eliza Howell Park. The property is also positioned with easy access to shopping, dining, and commuter routes, which increases quality of life for our tenants. Fenton is also located near the Redford district, chosen by Ford to re-establish a factory.

Highlights

Expected Income: 11% Not including capital appreciation Rent Start Date: 2022-05-23 Rent per Token: $5.51 / year Token Price: $50.06 Total Tokens: 24,000 Property Type: Multi Family Neighborhood Five Points Construction Year: 1963 2 Stories Total Units: 24 Units Bedroom/Bath: 12x1, 12x2 Bed / 24x1 Bath Rental Type: Long-term Rented? Fully Rented Section 8? No