12641 Elmdale is a 23-unit multi-family brick property located east of the city, close to luxury neighborhoods. Acquired in 2020, the roof and top floor were renovated by the current seller. A budget of $96,000 has been allocated for further renovations, targeting Section 8 standards for 15 units and common area upgrades. Renovations are expected to be completed in four months, with a rental income of 9.05%.

RealT 12641 Elmdale St, Detroit, MI 48213

REALT

6582 Bewick St is a 8-unit two stories property located close to Coleman Young Airport. Constructed in 1926. Expected with a rental income of 9.70%.

RealT 6582 Bewick St, Detroit, MI 48213

3280 W Boston is a 10-unit family residence situated in the residential neighborhood of Dexter Lynwood. The property is close to a public school, park, and church, catering to families and single mothers. With a budget of $45,000, renovations are planned for common areas and unit upgrades to justify a rent increase next year. The roof and foundation are in good condition.

RealT 3280 W Boston Blvd, Detroit, MI 48206

3510 Ewald is a well-maintained, 16-unit multi-family property in an up-and-coming area. Owned by the same owner since 1978, it features 16 parking spaces and a low renovation budget of $5,000 for minor touch-ups. The property is part of a strategy to create economies of scale near Highland Park, offering proximity to universities and a common thoroughfare. With a structured cap of 10.51%, it provides stable rents and has a solid tenant base.

Name	Token Supply	Token Value	Marketcap
R1 RealT 12641 Elmdale St, Detroit, MI 48213	25,500	$ 51.370	$1,309,935
R6 RealT 6582 Bewick St, Detroit, MI 48213	7,500	$ 49.100	$368,775
R3 RealT 3280 W Boston Blvd, Detroit, MI 48206	10,000	$ 50.620	$506,200
R( RealT (S) 3510 Ewald Cir, Detroit, MI 48204	18,700	$ 50.090	$936,683

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