Single Family Home, USA, Detroit, MI, RealT
Property Type : Single Family Home
Price per Token : $50.26
Return Cash (exp) ? : 9.53%
Minimum Investment : 1 Token
Total Property Size : 3 Beds / 1.5 Baths
Total Property Value ? : $74,384.80
Total Number of Tokens : 1,480

 

FAMILY-FRIENDLY NEIGHBORHOOD
4609 Lillibridge is a charming single-family residence offering 3 bedrooms and 1.5 bathrooms. Complete with an attached 1-car garage, this home is near Brewer Park, The Apostle Paul MBC, and the Little Detroit Community Garden, which offers a serene retreat in the heart of the community and provides opportunities for residents to engage in gardening activities, learn about sustainability, and enjoy the beauty of nature.

COMMUTING OPTIONS
While West End is primarily residential, tenants enjoy convenient access to nearby commercial and industrial areas: the community is situated near two Stellantis plants that produce Jeep and Dodge vehicles, employing nearly 10,000 workers. The neighborhood features easy access to stores, groceries, and casual dining options, and public transit is available along Shoemaker Street, Warren Avenue, and Cadillac Avenue, facilitating travel throughout the city.

CONCENTRIC CIRCLE STRATEGY
4609 Lillibridge comes with an expected income of 9.53%. This property, which was acquired for $59,000 and has a renovation budget of $3,000, presents an opportunity for value enhancement and long-term profitability. Supported by our portfolio of properties in the area, including 4628 Lillibridge, 4526 Lillibridge, and 4448 Lillibridge, we aim to achieve economies of scale and maximize returns through our concentric circle strategy. Collectively, RealT owns around 77,000 square feet of living space in the area, further solidifying the investment potential of the West End neighborhood.

 

 

 

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