22 Unit Multifamily, USA, Chicago, IL, RealT
Property Type : Multifamily
Price per Token : $50.36
Return Cash (exp) ? : 7.96%
Minimum Investment : 1 Token
Total Property Size : 22 Units
Total Property Value ? : $1,264,036.00
Total Number of Tokens : 25,100

 

Marquette enjoys a very livable location next to well-maintained properties, a church, and Ogden Park, a large space that includes a pool, playgrounds, baseball fields, and basketball courts. The neighborhood is residential without being suburban, and amenities are close by.

A part of the building was renovated in 2018, but some of the units rented during that period have not yet been refreshed due to tenancy. In addition, part of the roof needs to be replaced, and we plan to pour new concrete at the back of the building. Overall we have budgeted $30,000 in renovations, which should create a solid 8.56% expected income.

 

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