It looks like you’re in the U.S.

Thank you for your interest in RealT. We’re currently working on a new offering for U.S. persons that is not yet ready for distribution. It’s coming soon – register and we’ll be sure to notify you when it’s ready!

We appreciate your understanding as we continue to redefine real estate investing around the globe.


9164 Longridge Dr, St. Louis, MO 63137

View Smart Contracts: Eth Gnosis

Total Investment: $ 70,784.00

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

    9.72%

    Not including capital appreciation

  • Income per Token

    $ 4.92 / year
  • Income Start Date

    April 1, 2024
  • Token Price

    $ 50.56
  • Total Tokens

    1,400

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

    9164 Longridge, St-Louis, MO 63137
  • Country

    USA
  • Source

    RealT
  • Neighborhood

    Hathaway Hills
  • Construction Year

    1952
  • Bedroom/Bath

    2 Beds / 1 Bath
  • Rental Type

    Long-term
  • Rented?

    Fully Rented
  • Rent Subsidy?

    Section 8
  • Rent Subsidy Pays...

    80%

Property Financials

  • Gross Rent / year

    $ 11,580.00
  • Gross Rent / month

    $ 965.00
  • Monthly Costs

    - $ 391.50
    • Property Management (8.00%)
      - $ 77.20
    • RealT Platform (2.00%)
      - $ 19.30
    • Maintenance Expenses
      - $ 110.00
    • Property Taxes
      - $ 120.00
    • Insurance
      - $ 65.00
    • Utilities
      Tenant-paid
  • Net Rent / month

    $ 573.50
  • Net Rent / year

    $ 6,882.00
  • Total Investment

    $ 70,784.00
    • Underlying Asset Price
      $ 56,000.00
    • Sourcing Fee (10%)
      $ 7,078.40
    • Initial Maintenance Reserve
      $ 1,910.00
    • Initial Renovation Reserve
      $ 3,000.00
    • Administrative Fees
      $ 2,500.00
    • Miscellaneous Costs
      $ 300.00
    • Unrounded Listing Price
      $ 70,788.40
    • Rounding Difference
      - $ 4.40
  • Expected Income

    9.72%

    Not including capital appreciation

Property Details

  • Lot Size (sqft)

    5,998
  • Foundation

    Masonry
  • Exterior Walls

    Brick
  • Roof Type

    Asphalt
  • Interior Size (sqft)

    982
  • Heating

    Central
  • Cooling

    Central
  • Building Class

    C
  • Renovated

    Partial

Blockchain

  • Identifier

    REALTOKEN-S-9164-LONGRIDGE-DR-ST.-LOUIS-MO
  • Total Tokens

    1400

Gnosis Chain

Ethereum

Test Renovation content!

Offering Details

  • Offering Date

    January 11, 2024
  • Issuer

    RealToken International 9164 Longridge Dr Inc
  • Min. Investment Amount

    $50.56
  • Max. Investment Amount

    $70,784.00
  • Amount Raised

    $70,784.00
  • Offering Percent (of Total Tokens)

    100.00%

Rent Assistance!

This property's rent is partly or wholly paid by the U.S. Federal Government through HUD Section 8.

The rent of Section 8 properties is usually exceptionally stable.

About the Property

9164 Longridge

Introducing 9164 Longridge, a single-family brick house with 2 bedrooms and 1 bathroom. Its 982 square feet of living space sits on a generous 5,998 square-foot lot where the convenience of an attached garage and an ample yard enhances the property’s practicality, adding value for residents.

Located in the Hathaway Hills neighborhood of St. Louis, 9164 Longridge benefits from the historical evolution of the St. Louis Hills area since the 1930s. Known for its appeal, the neighborhood features a mix of apartments and owner-occupied single-family homes, contributing to its status as one of the most desirable residential settings in the city of St. Louis. Its proximity to the Riverview Plaza shopping mall and the Head Start-Jennings Center School further enhances its convenience and accessibility.

Token holders can anticipate a 9.72% expected rental income from this property, which was acquired for $56,000. The listing price includes a $3,000 renovation budget allocated for entry upgrades, brick and windows maintenance, and siding fixes. Don’t miss out, as this property is a prime example of smart investment, with economy-of-scale benefits in a well-established neighborhood.

Map

Property Records

Please sign in to view property records. Sign In >

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.

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 00:23 UTC

    RealT has sold 459 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].