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11949 Del Reo Ct, St. Louis, MO 63138

View Smart Contracts: Eth Gnosis

Total Investment: $ 88,602.50

Reg S: Non-U.S. Only

This property is not available for purchase in your area.

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Property Highlights

  • Expected Income

    9.15%

    Not including capital appreciation

  • Income per Token

    $ 4.63 / year

  • Income Start Date

    May 1, 2024

  • Token Price

    $ 50.63

  • Total Tokens

    1,750

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

    Single Family

  • Full Address

    11949 Del Reo Ct, St. Louis. MO 63138

  • Country

    USA

  • Source

    RealT

  • Neighborhood

    Larimore Plaza

  • Construction Year

    1971

  • Bedroom/Bath

    3 Beds / 1.5 Bath

  • Rental Type

    Long-term

  • Rented?

    Fully Rented

  • Rent Subsidy?

    No

Property Financials

  • Gross Rent / year

    $ 14,340.00

  • Gross Rent / month

    $ 1,195.00

  • Monthly Costs

    - $ 519.50
    • Property Management (8.00%)
      - $ 95.60
    • RealT Platform (2.00%)
      - $ 23.90
    • Maintenance Expenses
      - $ 120.00
    • Property Taxes
      - $ 200.00
    • Insurance
      - $ 80.00
    • Utilities
      Tenant-paid

  • Net Rent / month

    $ 675.50

  • Net Rent / year

    $ 8,106.00

  • Total Investment

    $ 88,602.50
    • Underlying Asset Price
      $ 72,000.00
    • Sourcing Fee (10%)
      $ 8,860.25
    • Initial Maintenance Reserve
      $ 2,390.00
    • Initial Renovation Reserve
      $ 2,500.00
    • Administrative Fees
      $ 2,500.00
    • Miscellaneous Costs
      $ 350.00
    • Unrounded Listing Price
      $ 88,600.25
    • Rounding Difference
      $ 2.25

  • Expected Income

    9.15%

    Not including capital appreciation

Property Details

  • Lot Size (sqft)

    9,492

  • Foundation

    Masonry

  • Exterior Walls

    Frame / Masonry

  • Roof Type

    Asphalt

  • Interior Size (sqft)

    1,040

  • Heating

    Force Air

  • Cooling

    Central

  • Building Class

    C

  • Renovated

    Partial

Blockchain

  • Identifier

    REALTOKEN-S-11949-DEL-REO-CT-ST-LOUIS-MO

  • Total Tokens

    1750

Gnosis Chain

Ethereum

Test Renovation content!

Offering Details

  • Offering Date

    February 23, 2024

  • Issuer

    RealToken International 11949 Del Reo St Inc

  • Min. Investment Amount

    $50.63

  • Max. Investment Amount

    $88,602.50

  • Amount Raised

    $88,602.50

  • Offering Percent (of Total Tokens)

    100.00%

About the Property

A Charming Homestead in Spanish Lake

11949 Del Reo presents an enticing investment opportunity in the serene St. Louis suburb of Spanish Lake. This ranch-style single-family residence, on a spacious 9,492 square-foot lot, offers 3 bedrooms and 1.5 bathrooms, providing a comfortable and spacious living environment. The 2-car attached garage adds to the home’s convenience and functionality.

Spanish Lake: A Tapestry of History

Larimore Park, adjacent to Del Reo, spans 700 acres, offering diverse outdoor activities like hiking, camping, fishing, and picnicking. The park features notable landmarks, including a scenic overlook and a historic stone bridge from the 1800s. The community is enriched by the Assembly Hall of Jehovah’s Witnesses, Larimore Elementary School, and the St. Louis Zoo. Post-WWII housing demand led to the development of numerous homes, resulting in a varied architectural landscape featuring small to mid-sized ranch-style, Colonial Revival, Cape Cod, and Tudor-inspired residences.

Preserving Charm

To its 9.15% expected rental income and affordable acquisition price of $72,000, Del Reo adds a designated $2,500 renovation budget to ensure the property’s sustained appeal, focusing on gardening and deferred maintenance for the comfort of its tenants.

Map

Property Records

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Why St. Louis?

Invest Right

In 2021, St. Louis, MO, earned recognition as one of the top 20 most enjoyable cities in America by WalletHub. Residents express their affection for the city due to factors such as its affordable living costs, budget-friendly housing, and a rich selection of amenities and entertainment options. Many describe St. Louis as a metropolis that expresses both big-city vibes and small-town charm. The city has a diverse economy, excelling in service, manufacturing, trade, transportation, and aviation sectors. St. Louis is renowned for its distinctive Gateway Arch, devoted sports enthusiasts, and a vibrant blues music scene.

The Interests, in the form of Series #1 RealTokens and future series of RealTokens, being offered are highly speculative in nature, involve a high degree of risk and should be purchased only by persons who can afford to lose their entire investment. There can be no assurance that the Company’s business objectives will be achieved or that a secondary market would ever develop for the Interests, whether via the RealToken Website, via third party registered broker-dealers or otherwise. Investing in private placements requires high risk tolerance, low liquidity concerns, and long-term commitments. The Interests being sold are not FDIC insured, may lose value, and there is no bank or other guarantee.

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