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12747-12749 Nashville St, Detroit, MI 48205

View Smart Contracts: Eth xDai
A corner view of a 3-story brick 9-unit apartment buiding with white-trimmed windows and a deciduous tree and green lawn on the side. A street sign saying "Nashville" is visible in the top right corner of the image.
A full-front street view of a 3-story brick 9-unit apartment buiding with white-trimmed windows and a green lawn on the side. Several cars are parked in front.
A side view of a 3-story brick 9-unit apartment buiding with white-trimmed windows and a green lawn.
A corner view of a 3-story brick 9-unit apartment buiding with white-trimmed windows and a deciduous tree and green lawn on the side. A street sign saying "Nashville" is visible in the top right corner of the image.

Total Investment: $ 434,775.00

Reg S: Non-U.S. Only

This property is not available for purchase in your area.

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Property Highlights

  • Expected Income

    11.85%

    Not including capital appreciation

  • Rent per Token

    $ 6.06 / year

  • Rent Start Date

    September 1, 2021

  • Token Price

    $ 51.15

  • Total Tokens

    8,500

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

    Multi Family

  • Full Address

    12747-12749 Nashville St, Detroit, MI 48205

  • Neighborhood

    Gratiot - Findlay

  • Construction Year

    1929

  • Total Units

    9 Units

  • Bedroom/Bath

    9x2 / 9x1

  • Rental Type

    Long-term

  • Rented?

    Fully Rented

  • Rent Subsidy?

    No

Property Financials

  • Gross Rent / year

    $ 67,800.00

  • Gross Rent / month

    $ 5,650.00

  • Monthly Costs

    - $ 1,355.00
    • Property Management (8.00%)
      - $ 452.00
    • RealT Platform (2.00%)
      - $ 113.00
    • Property Taxes
      - $ 530.00
    • Insurance
      - $ 180.00
    • Utilities
      - $ 80.00

  • Net Rent / month

    $ 4,295.00

  • Net Rent / year

    $ 51,540.00

  • Total Investment

    $ 434,775.00
    • Underlying Asset Price
      $ 380,000.00
    • Operating Expense Reimbursement (10%)
      $ 43,477.78
    • Initial Maintenance Reserve
      $ 11,300.00
    • Unrounded Listing Price
      $ 434,777.78
    • Rounding Difference
      - $ 2.78

  • Expected Income

    11.85%

    Not including capital appreciation

Property Details

  • Lot Size (sqft)

    4,792

  • Parking

    Street Parking

  • Interior Size (sqft)

    6,636

Test Renovation content!

Offering Details

  • Offering Date

    August 18, 2021

  • Issuer

    RealToken LLC - Series #145 - 12747-12749 Nashville

  • Min. Investment Amount

    $51.15

  • Max. Investment Amount

    $434,775.00

  • Amount Raised

    $434,775.00

  • Offering Percent (of Total Tokens)

    100.00%

Map

Property Records

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Why Detroit?

INVEST RIGHT

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.

There’s something for everyone here, because Detroit is for everybody.

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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