4061 Grand St Token

RealT


Price
$58.13 USD (0.45%)

24h Volume
8

Market Cap
$104,637

Last Trade
October 18, 2021

Last Trade
October 18, 2021
4061 Grand St logo

RealT Price

Trading History

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Terms

Fundraise Information

Total Raise $104,886 USD
Soft Cap $0 USD
Raise Status Open since Closed
Minimum Investment $104,886 USD
Accepted Investors Tba
Security Type Equity
Exemptions Reg S
Instrument Dividend

Token Information

Price Per (RealT) $58.13 USD (0.45%)
Token Issuance Platform Realt
Token Protocol ERC-20
Token Issuance Info Issued by RealT
Payment Options
  • BTC
  • ETH
  • Other
  • USD

Token Rights

Each token grants the token holder the right to rent payments made by the tenant in the form of DAI (stablecoin)

About

Overview

Detroit, one of the fastest growing major cities in America and best kept real estate secrets, is rich with history, and possesses a colorful cultural fabric. Despite being among the 15 largest metro areas in the US, Detroit drivers spend the least amount of time in traffic during peak periods. Beyond automotive innovation, Detroit is home to dozens of startup incubators, and is surging on Inc.’s list of top 50 cities to start a business*. Root for the Lions, Tigers, Pistons and Red Wings, or enjoy the outdoors with over 200 miles of hiking trails nearby, 9 state parks, and over 3200 miles of coastline to explore.

Highlights

Property Highlights

Expected Yield: 10.06%

Expected Yield After Renovation & Stabilization: 12.5 - 13%

Rent Start Date: 2020-12-28

Rent per Token: $5.86 / year

Token Price: $58.27

Total Tokens: 1,800

Property Type: Duplex

Neighborhood: Oakman Boulevard

Square Feet: 2,600

Lot Size: 4,356

Rented? Fully Rented

Section 8? No