Source: STM.co
| Number Investors | 64 |
| Raise Close Date | March 01, 2020 |
| Last Updated | January 30, 2024 |
| Current Amount Raised | $69,400USD |
| Total Raise | $71,500 USD |
| Soft Cap | $40,000 USD |
| Raise Status | Closed |
| Minimum Investment | $72 USD |
| Accepted Investors | International Non-US |
| Exemptions | RegS |
| Instrument | Equity |
| Token Issuance Info | No lock up period due to RegS |
| Price Per (RealT) | $91.86 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: 13.14%.
Lesure is in close proximity to Eight Mile Road, where local restaurants and retail stores act as the community hub. This location gives Lesure both a quiet neighborhood and easy access to the rest of the city. This property’s high rental income, maintenance history, and exposure to the resurgence of local industry makes Lesure a valuable component of a real estate portfolio looking for both passive income and exposure to the growth of Detroit.
Property Information for a Single Family Home
Property Type: Single Family
Country: USA
Source: RealT
Neighborhood: Schaefer 7-8 Lodge
Construction Year: 1948
Bedroom/Bath: 3 Bed / 1 Bath
Rental Type: Long-term
Rented: Fully Rented
Rent Subsidy: Section 8
Rent Subsidy Pays: 77%
