Source: STM.co
| Total Raise | $60,744 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 |
| Price Per (RealT) | $52.36 USD |
| 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: 10.01%.
These properties are also close to the True Church Ministries and a playground, which reassures the neighbors and benefits any mothers living alone with their children.
These six properties are well-maintained, and a small renovation budget of $2,500 for five of these properties is planned to keep the yield above 10%. For 13445 Tacoma, the budget is slightly higher, as some additional refurbishment is required.
These six properties are close to four other single-family homes that RealT has already tokenized: 19201 Westphalia, 18983 Alcoy, 19596 Goulburn, and 19535 Fairport.
Property Type: Single Family
Full Address: 19400 Hickory St, Detroit, MI 48205
Country: USA
Source: RealT
Neighborhood: Osborn
Construction Year: 1943
Stories: 1 Stories
Bedroom/Bath: 3 Beds / 1 Bath
Rental Type: Long-term
Rented?: Fully Rented
Rent Subsidy?: No
