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1039 Mt Vernon Rd

Asset Issuer

Lofty AI

Asset Platform

Lofty AI

Asset Name

1039 Mt Vernon Rd

Asset Class

Real Estate

Asset Type

Residential Real Estate

Asset Abbreviation

1039 MVR

Asset Fraction Price

$ 70.42

Asset Fraction Yield

4.31%

Asset Fraction Maturity

N/A

Min. Investment Size

$ 70.42

Asset Fraction Sale End Date

Asset
Valuation

$ 126,143

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Category

Description

The property at 1039 Mt Vernon Rd, Memphis, TN 38111 is a single-family residential home built in 1945, situated on a 0.21-acre lot in the Orange Mound / Park Grove neighborhood of Memphis. It offers approximately 1,108 sq ft of living space with 2 bedrooms and 1 bathroom, featuring a traditional one-story layout. This home currently presents an investment opportunity as it has been fire-damaged and requires a full renovation, making it ideal for a contractor or investor willing to rehabilitate the property. Located near the University of Memphis and community amenities, the property sits on a level lot with a driveway and is being sold as-is.

Features

  • Single-family residential home
  • Built in 1945
  • Approximately 1,108 sq ft of living space
  • 2 bedrooms
  • 1 full bathroom
  • Traditional architectural style
  • One-story layout
  • 0.21-acre lot (~9,147 sq ft)
  • Driveway parking
  • Fire-damaged condition requiring complete renovation
  • Sold as-is, ideal for investors or renovators
  • Located near the University of Memphis and community amenities

    • Details

    Asset Platform URL

    https://www.lofty.ai/

    Asset Location

    United States

    Regulatory Jurisdiction

    Memphis, TN 38111

    Asset Fraction Type

    Security Tokens

    Asset Standard

    N/A

    Blockchain Network

    N/A

    Total Asset Fraction Supply

    2,198 tokens

    Asset Fraction Sale Allocation

    2,198 tokens

    Total Asset Fractions Sold (So Far)

    Max. Investment Size

    Asset Fraction Sale Start Date

    Assesment/Rating Provider

    Assesment/Rating

    Assessment/Rating Proof

    Asset Insurance

    Financial Statements

    Financial Audits

    Asset Valuation

    $ 126,143

    Asset Valuation Documentation

    Asset Ownership Structure

    Company Registration

    License or Regulatory Framework

    Smart Contract

    Smart Contract Audit

    Whitepaper

    Relevant External Links

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