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1190 Ridgetop Ave

Asset Issuer

Lofty AI

Asset Platform

Lofty AI

Asset Name

1190 Ridgetop Ave

Asset Class

Real Estate

Asset Type

Residential Real Estate

Asset Abbreviation

1190 RA

Asset Fraction Price

$ 38.71

Asset Fraction Yield

18.73%

Asset Fraction Maturity

N/A

Min. Investment Size

$ 38.71

Asset Fraction Sale End Date

Asset
Valuation

$ 295,200

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Description

1190 Ridgetop Ave in Las Cruces, New Mexico (ZIP 88001) is a single-family home that is typically offered as a Lofty.ai fractional real-estate investment. The property was built around 1950 and sits on a ~9,200 sq ft lot in the heart of Las Cruces. It features 3 bedrooms and 1.5 bathrooms, providing a traditional residential layout suitable for long-term renting or value-add improvements. The home was previously sold in 2024 for around $109,000, and its size of approx 1,680 sq ft makes it a solid candidate for rental income in the local market. The neighborhood includes schools like Hermosa Heights Elementary, Lynn Middle, and Las Cruces High School within a short distance, and comparable rents in the area suggest a potential cash-flow opportunity for investors.

Features

  • Property type: Single-family residential home in Las Cruces, NM
  • Bedrooms: 3
  • Bathrooms: 1.5
  • Living area: Approx 1,680 sq ft
  • Year built: 1950
  • Lot size: ~9,200 sq ft (0.21 acres)
  • Style: Traditional/older residence typical of mid-20th-century build
  • Condition: Off conventional market (used for investment purposes)
  • Sale history: Sold around Sep 2024 for ~$109,000
  • Neighborhood: Downtown Las Cruces area, close to local schools and amenities
  • Rental potential: Rental estimates in area generally suggest possible income opportunities (local comparables)

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    Details

    Asset Platform URL

    https://www.lofty.ai/

    Asset Location

    United States

    Regulatory Jurisdiction

    Las Cruces, NM 88001

    Asset Fraction Type

    Shares

    Asset Standard

    N/A

    Blockchain Network

    N/A

    Total Asset Fraction Supply

    5,904 tokens

    Asset Fraction Sale Allocation

    3,212 tokens

    Total Asset Fractions Sold (So Far)

    2,692 tokens

    Max. Investment Size

    Asset Fraction Sale Start Date

    Assesment/Rating Provider

    Assesment/Rating

    Assessment/Rating Proof

    Asset Insurance

    Financial Statements

    Financial Audits

    Asset Valuation

    $ 295,200

    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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    NOTE
    Property figures are subject to market volatility and may change. Please view Lofty Listing for real-time data.
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