It looks like you’re in the U.S.

To view our offerings and start building your digital real estate portfolio, you will need to complete ID Verification, including U.S. Accredited Investor verification.


1907 Ottawa Dr, Toledo, OH 43606

View Smart Contracts: Eth xDai

Total Investment: $ 363,090.00

Reg S: Non-U.S. Only

This property is not available for purchase in your area.

Questions/Need Help? Email Us.

Property Highlights

  • Expected Income

    11.03%

    Not including capital appreciation

  • Rent per Token

    $ 5.72 / year
  • Rent Start Date

    December 22, 2021
  • Token Price

    $ 51.87
  • Total Tokens

    7,000

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

    1907 Ottawa Dr, Toledo, OH 43606
  • Neighborhood

    Ottawa
  • Construction Year

    1941
  • Total Units

    9 Units
  • Bedroom/Bath

    4x2, 5x1 Bed / 9 Bath
  • Rental Type

    Long-term
  • Rented?

    Fully Rented
  • Section 8?

    No

Property Financials

  • Gross Rent / year

    $ 54,000.00
  • Gross Rent / month

    $ 4,500.00
  • Monthly Costs

    - $ 1,163.33
    • Property Management (8.00%)
      - $ 360.00
    • RealT Platform (2.00%)
      - $ 90.00
    • Maintenance Expenses
      - $ 200.00
    • Property Taxes
      - $ 333.33
    • Insurance
      - $ 130.00
    • Utilities
      - $ 50.00
  • Net Rent / month

    $ 3,336.67
  • Net Rent / year

    $ 40,040.04
  • Total Investment

    $ 363,090.00
    • Underlying Asset Price
      $ 200,000.00
    • Operating Expense Reimbursement (10%)
      $ 36,305.56
    • Initial Maintenance Reserve
      $ 9,000.00
    • Initial Renovation Reserve
      $ 50,000.00
    • Unrounded Listing Price
      $ 363,055.56
    • Rounding Difference
      $ 34.44
  • Expected Income

    11.03%

    Not including capital appreciation

Property Details

  • Lot Size (sqft)

    18,051
  • Foundation

    Concrete
  • Exterior Walls

    Stone / Brick
  • Roof Type

    Asphalt - Hip, Mansard
  • Parking

    10 on the side
  • Interior Size (sqft)

    9,210
  • Heating

    HVAC Water Heater (Reserve tank and Quick Recovery Tank) / Forced Air Central as backup
  • Cooling

    None

Test Renovation content!

Offering Details

  • Offering Date

    December 22, 2021
  • Issuer

    RealToken LLC - Series #177 - 1907 Ottawa
  • Min. Investment Amount

    $51.87
  • Max. Investment Amount

    $363,090.00
  • Amount Raised

    $363,090.00
  • Offering Percent (of Total Tokens)

    100.00%

About the Property

1907 Ottawa

This gorgeous stone multi-family was built in 1941 and wears the charm of its 80 years exceedingly well. Two stories contain nine rented units along with a functional basement that includes on-site laundry facilities, and the manicured lawns, mature landscaping, and convenient parking make living here a delight.

1907 Ottawa sits in the residential Lucas neighborhood, but that’s not what makes its location truly special: just across the street you’ll find 400 acres of wooded green space in the form of Ottawa and Jermain Parks, the largest combined park in Toledo! This jewel offers 5 miles of paved trails, 6.4 miles of mountain biking trails, and the Ottawa River, not to mention over 20 venues including playgrounds, picnic tables, and the only open-air ice rink in northwest Ohio. If you live at 1907 Ottawa, you have all this and more right outside the front door.

Map

Property Records

Please sign in to view property records. Sign In >

Why Toledo?

INVEST RIGHT

A historic industrial city with a rich heritage, Toledo sits at the intersection of affordability, quality of life, and business growth. Named number one in the nation among mid-sized cities for new business investment by Site Selection Magazine in 2021, Toledo has approximately $2.2 billion worth of projects currently underway or recently completed. That means nearly 3,500 new permanent jobs in a city already well-known for its arts scene, its nationally-awarded zoo, and its long stretches of waterfront along the Maumee River and Lake Erie.

Cheer for the Mud Hens at their new stadium. Enjoy the 70+ restaurants that line the walkable downtown streets. Visit Picasso, Matisse, and van Gogh at the Toledo Museum of Art. Go to the symphony, the opera, the ballet. Take in a show at one of the historic renovated theaters. Toledo something to offer everyone, and it just keeps getting better.

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.

Previous Properties

No Previous Properties were found for your area. US persons can only view US-only properties, and non-US persons can only view Non-US properties. If you believe you're seeing this message in error, please contact us via chat in the lower right corner of the website!
It looks like there are no previous properties at this time.
To improve site performance, the previous property query has been temporarily disabled until 00:00 UTC

    RealT has sold 290 other properties to investors around the world!

    For more information about these properties, please contact us via chat in the lower right corner of your screen, or email us at [email protected].