Source: STM.co
| Total Raise | $60,768 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) | $54.08 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: 10.08%.
These properties are strategically located near True Church Ministries and a playground, providing reassurance to neighbors and offering benefits to single mothers residing with their children.
The six properties are meticulously maintained, and a modest renovation budget of $2,500 is allocated for five of them, ensuring a yield above 10%. For 13445 Tacoma, a slightly higher budget is planned due to additional refurbishment needs.
Moreover, these properties are in proximity to four other single-family homes already tokenized by RealT: 19201 Westphalia, 18983 Alcoy, 19596 Goulburn, and 19535 Fairport.
Property Type: Single Family
Full Address: 19539 Hickory St, Detroit, MI 48205
Country: USA
Source: RealT
Neighborhood: Osborn
Construction Year: 1927
Stories: 1 Story
Bedroom/Bath: 4 Beds / 1 Bath
Rental Type: Long-term
Rented?: Fully Rented
Rent Subsidy?: No
