4239 Alter Rd Token

RealT


Price
$49.84 USD (0.71%)

24h Volume
0

Market Cap
$543,265

Last Trade
February 9, 2024

Last Trade
February 9, 2024
4239 Alter Rd logo

RealT Price

Trading History

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Terms

Fundraise Information

Total Raise $551,104 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

Token Information

Price Per (RealT) $49.84 USD (0.71%)
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: 9.87%.

About

Overview

Alter’s neighborhood of Fox Creek sits close to the luxury areas of Grosse Pointe and Grosse Pointe Park, but that’s not all. If you read our strategy in this article, you know that we are analyzing the CIPs to see which neighborhoods will receive funds for improvement and revitalization in the next few years. More than $90 million is expected to be injected into Fox Creek! This should bring improvements in tenancy, rents, and property values over the coming years.

Highlights

Property Type: Multi Family
Full Address: 4239 Alter Rd, Detroit, MI 48215
Country: USA
Source: RealT
Neighborhood: Fox Creek
Construction Year: 1923
Stories: 2 Stories
Total Units: 12 Units
Bedroom/Bath: 12x1 Beds / 12x1.5 Baths
Rental Type: Long-term
Rented?: Fully Rented
Rent Subsidy?: No