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8924 Bessemer Ave, St. Louis, MO 63134

View Smart Contracts: Eth xDai

Total Investment: $ 90,609.80

Reg S: Non-U.S. Only

This property is not available for purchase in your area.

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Property Highlights

  • Token Type

    Standard Equity
  • Expected Income

    9.06%

    Not including capital appreciation

  • Income Start Date

    May 1, 2024
  • Income per Token

    $ 4.59 / year
  • Token Price

    $ 50.62
  • Total Tokens

    1,790

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

    8924 Bessemer Ave, St. Louis, MO 63134
  • Country

    USA
  • Source

    RealT
  • Neighborhood

    Eleanor Park
  • Construction Year

    1956
  • Bedroom/Bath

    3 Beds / 1 Bath
  • Rental Type

    Long Term
  • Rented?

    Fully Rented
  • Rent Subsidy?

    No

Property Financials

  • Gross Income / year

    $ 13,200.00
  • Gross Income / month

    $ 1,100.00
  • Monthly Costs

    - $ 416.00
    • Property Management (8.00%)
      - $ 88.00
    • RealT Platform (2.00%)
      - $ 22.00
    • Maintenance Expenses
      - $ 120.00
    • Property Taxes
      - $ 106.00
    • Insurance
      - $ 80.00
    • Utilities
      Tenant-paid
  • Net Income / month

    $ 684.00
  • Net Income / year

    $ 8,208.00
  • Total Investment

    $ 90,609.80
    • Underlying Asset Price
      $ 73,500.00
    • Sourcing Fee (10%)
      $ 9,060.98
    • Initial Maintenance Reserve
      $ 2,200.00
    • Initial Renovation Reserve
      $ 3,000.00
    • Administrative Fees
      $ 2,500.00
    • Miscellaneous Costs
      $ 350.00
    • Unrounded Listing Price
      $ 90,610.98
    • Rounding Difference
      - $ 1.18
  • Expected Income

    9.06%

    Not including capital appreciation

Property Details

  • Lot Size (sqft)

    5,001
  • Foundation

    Masonry
  • Exterior Walls

    Brick
  • Roof Type

    Asphalt
  • Interior Size (sqft)

    792
  • Heating

    Warm Air
  • Cooling

    Central / Gas
  • Building Class

    C
  • Renovated

    Partial

Blockchain

  • Identifier

    REALTOKEN-S-8924-BESSEMER-AVE-ST-LOUIS-MO
  • Total Tokens

    1790

Gnosis Chain

Ethereum

Test Renovation content!

Offering Details

  • Offering Date

    February 29, 2024
  • Issuer

    RealToken International 8924 Bessemer Ave Inc
  • Min. Investment Amount

    $50.62
  • Max. Investment Amount

    $90,609.80
  • Amount Raised

    $90,609.80
  • Offering Percent (of Total Tokens)

    100.00%

About the Property

Community Spirit

Discover the allure of 8924 Bessemer, a single-family brick bungalow that effortlessly blends comfort and character. Offering 3 bedrooms and 1 bathroom along with a 5,001 square-foot lot, this residence is within walking distance of Hope Church, Holman Elementary School, and the Genesis Basketball Academy. The property’s warm surroundings make for an inviting and comfortable home.

A Dynamic Landscape

Located in the Eleanor Park neighborhood of St. Louis, Bessemer benefits from a strategic location near the St. Louis Lambert International Airport. This major airport serves as the busiest one in the state, playing a pivotal role in connecting St. Louis to the rest of the world. Proximity to this transportation hub ensures convenient travel for residents. Beyond aviation, the neighborhood is characterized by a mix of residential and commercial spaces, providing a balanced and dynamic environment. This makes Eleanor Park an ideal choice for those who seek accessibility and connectivity.

Bessemer’s Potential

Bessemer presents an expected rental income of 9.06%. The property was acquired for a reasonable $73,500, and a renovation budget of $3,000 has been included in the listing price, primarily for deferred maintenance and minor enhancements. This home is positioned for improvement and increased value. The dynamic neighborhood and proximity to essential facilities position this property as a desirable venture for those looking to capitalize on the real estate market in St. Louis.

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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