Gnosis
Ethereum12789 Birwood St, Detroit, MI 48238 is a tokenized rental property issued by RealT. Each token represents a fractional interest in the LLC that owns the property, with rental income distributed to holders. Tokens are issued on Gnosis Chain and transfers are restricted to wallets RealT has verified.
Fractional ownership of a rented property in Detroit, MI.
Prism analyst note
A single rented property in Detroit, MI, tokenized by RealT into 1,580 tokens at $50.07 each. Income comes from rent rather than price appreciation, and the tokens are whitelist-gated, so a wallet must be verified by RealT before it can hold them. Secondary liquidity is thin by nature: this is a property, not a market.
Generated from issuer disclosures and reviewed against the sources listed below. Not investment advice.
Structure & compliance
- Underlying
- Fractional interest in the LLC owning 12789 Birwood St, Detroit, MI 48238
- Legal structure
- Delaware LLC holding title to the property; tokens represent LLC membership interests
- Jurisdiction
- United States (Delaware LLC)
- Administrator
- RealT
- Reserve information
- Each token series is backed by a single property held in its own LLC. RealT publishes deeds and LLC filings per property.
- Transfer restrictions
- Whitelist-gated ERC-20. Only wallets RealT has verified can hold or receive tokens.
- Investor eligibility
- Retail investors (KYC)
- KYC required
- Yes
- Minimum investment
- $51.00
- Launched
- Jan 1, 2024
Reserve verification
Contracts & on-chain data
Addresses shown only where independently confirmed against explorers and issuer documentation. Holder and transfer analytics are available via the linked explorers.
Documents & disclosures
Frequently asked
How do I earn?+
Rental income is distributed to token holders by the issuer, net of costs.
Can anyone buy this?+
No. RealT must verify and whitelist your wallet before it can receive tokens.
Can I sell whenever I want?+
Not reliably. Secondary markets for individual properties are very thin.
