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1 Holdings W Arizona St, Highland Park, MI 48203

View Smart Contracts: Eth xDai

Total Investment: $ 192,923.50

Reg S: Non-U.S. Only

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Property Highlights

  • Token Type

    Standard Equity
  • Expected Income

    10.21%

    Not including capital appreciation

  • Income Start Date

    February 1, 2024
  • Income per Token

    $ 5.11 / year
  • Token Price

    $ 50.11
  • Total Tokens

    3,850

All financial statements of property yield are best estimates based on current conditions, and can change at any time.

We are targeting the above yield for investors; however, no assurance can be given that you will obtain any return on investment, and there is a risk that you can lose your entire investment.

  • Property Type

    MFR Portfolio
  • Country

    USA
  • Source

    RealT
  • Neighborhood

    Highland Park
  • Construction Year

    1916-1923
  • Total Units

    4 Units
  • Bedroom/Bath

    4x3 Beds / 4x1 Bath
  • Rental Type

    Long Term
  • Rented?

    Fully Rented
  • Rent Subsidy?

    No

Property Financials

  • Gross Income / year

    $ 33,240.00
  • Gross Income / month

    $ 2,770.00
  • Monthly Costs

    - $ 1,129.00
    • Property Management (8.00%)
      - $ 221.60
    • RealT Platform (2.00%)
      - $ 55.40
    • Maintenance Expenses
      - $ 400.00
    • Property Taxes
      - $ 212.00
    • Insurance
      - $ 240.00
    • Utilities
      Tenant-paid
  • Net Income / month

    $ 1,641.00
  • Net Income / year

    $ 19,692.00
  • Total Investment

    $ 192,923.50
    • Underlying Asset Price
      $ 140,000.00
    • Sourcing Fee (10%)
      $ 19,293.33
    • Initial Maintenance Reserve
      $ 5,540.00
    • Initial Renovation Reserve
      $ 25,000.00
    • Administrative Fees
      $ 2,500.00
    • Miscellaneous Costs
      $ 600.00
    • Unrounded Listing Price
      $ 192,933.33
    • Rounding Difference
      - $ 9.83
  • Expected Income

    10.21%

    Not including capital appreciation

Property Details

  • Lot Size (sqft)

    11,979
  • Foundation

    Masonry
  • Exterior Walls

    Brick
  • Roof Type

    Asphalt
  • Parking

    Driveway
  • Interior Size (sqft)

    4,902
  • Heating

    Forced Air w/o Ducts
  • Building Class

    C
  • Property Manager

    Mutual Property Management LLC

Blockchain

  • Identifier

    REALTOKEN-S-1-HOLDINGS-W-ARIZONA-ST-HIGHLAND-PARK-MI
  • Total Tokens

    3850

Gnosis Chain

Ethereum

Test Renovation content!

Offering Details

  • Offering Date

    November 29, 2023
  • Issuer

    RealToken International 1 Holdings W Arizona St Inc
  • Min. Investment Amount

    $50.11
  • Max. Investment Amount

    $192,923.50
  • Amount Raised

    $192,923.50
  • Offering Percent (of Total Tokens)

    100.00%

About the Property

1 Holdings W Arizona

1 Holdings W Arizona consists of two lovely brick duplexes in the city of Highland Park, each offering 2 units with 3 bedrooms and 1 bathroom each. The first duplex at 15 & 19 W Arizona has a combined living space of 2,620 square feet on a 4,792 square-foot lot. Meanwhile, the second duplex at 23-25 W Arizona offers a total living area of 2,282 square feet on a spacious 7,187 square-foot lot.

The nearby churches like Wings of Love Missionary Baptist Church, Palmer Park, and Davison Missionary Baptist Church make these properties even more appealing. Highland Park itself is steeped in historical significance, renowned as the “birthplace of mass production” where Ford revolutionized the automotive industry and changed manufacturing forever. The strategic proximity of this holdings portfolio to our sold-out properties at 116 Monterey, 19751 Marx, and 19144 Riopelle reflects our commitment to optimizing maintenance expenses and collectively enhancing property values for all locations.

This investment offers a lucrative opportunity with an expected rental income of 10.21%. These duplexes were purchased for $140,000, with a dedicated $25,000 renovation budget included in the listing price for deferred maintenance and enhancements to the entry and windows.

1 Holdings W Arizona offers historical charm and a favorable investment opportunity.

Map

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