JACKSONVILLE, NC

Appraised Value: $61,000

Property

Property Value $61,000
Type Single Family
Square Feet 780 ft2
Bedroom/Bath 2/1
Occupied? Yes

All financial statements of property yield are best estimates based on current conditions, and can change at any time. 

We are targeting the above equity multiple 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.

About The Property

Financials

Monthly Rent$725
Yearly Rent$8,700
Monthly Net Rent
Yearly Net Rent
Property Management 8%$58
Taxes$24
Insurance$57.72 (8/1/19-8/1/20)
HOAN/A
10% Monthly Rent Token Buyback$72.50

Return from Rehab

Purchase Price$36,000
(Value – Purchase)$25,000
(Return / Purchase)69%

Market Cap

(Net Income / Purchase) 17%

Why Jacksonville?

The first half of 2019 saw significant economic progress in Jacksonville, NC. Owing to the expansion of business firms and the rising demands of the growing population, more than 14,300 jobs were created in 2019. The unemployment rate was reduced to just 3%, better than the national average.

Developers contributed around 1.6 million square feet (msf) of industrial production to the local inventory in the first half of 2019. Both build-to-suit and speculative warehouse/distribution projects found a place.

The tenant demand in Northside, Southside and Westside markets sprung up in prime locations. Desirable features in new buildings also drove the demand. During the first half of the year, early renewals along with new tenants contributed to a rise in leasing activity in the market to 2.5 msf.

The growth of industries in Jacksonville is expected to shoot up the tenant demand in the coming years. The influx of industrial population will outpace the number of rental vacancies, despite the real estate investments made in the region. We expect the industrial market in Jacksonville to expand and market dynamics to remain robust. Asking rental rates will continue to spiral upwards while the vacancy rate will decline slightly.

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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