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16713 Lotus Dr

Asset Issuer

Lofty AI

Asset Platform

Lofty AI

Asset Name

16713 Lotus Dr

Asset Class

Asset Type

Asset Abbreviation

16713 LD

Asset Fraction Price

$32.21

Asset Fraction Yield

7.98%

Asset Fraction Maturity

N/A

Min. Investment Size

$32.21

Asset Fraction Sale End Date

Asset
Valuation

$ 127,524

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Description

The property at 16713 Lotus Dr in Cleveland is a single-family home located in the Lee–Miles neighborhood, designed as a compact and affordable residential investment. Built in 1949, this one-story Cape Cod–style house offers a functional layout with three bedrooms and one bathroom, making it suitable for small families or rental tenants. The home spans approximately 987 square feet and sits on a ~6,600 sq ft lot, providing both indoor efficiency and outdoor space. It is currently positioned as a tenant-occupied, income-generating asset, often sold as-is, which creates opportunities for investors seeking steady cash flow with potential for future appreciation or light value-add improvements. The property also includes a full basement for storage or additional usable space, and its location offers access to shopping centers, schools, and commuter routes within the Cleveland metro area.

Features

  • Single-family residential property
  • 3 bedrooms and 1 bathroom
  • Approx. 987 sq ft living area
  • Lot size ~6,500–6,600 sq ft
  • Built in 1949 (Cape Cod style)
  • Tenant-occupied investment property (income-producing)
  • Full basement (storage / potential extra space)
  • Heating: Gas forced air; no central cooling
  • Exterior: Vinyl/aluminum siding with asphalt roof
  • Off-street parking / driveway (limited garage features)
  • Estimated rent range around $975–$1,400/month (based on listings & estimates)
  • Located near shopping centers, parks, and transit routes in Cleveland

    • Details

    Asset Platform URL

    https://www.lofty.ai/

    Asset Location

    United States

    Regulatory Jurisdiction

    Cleveland, OH 44128

    Asset Fraction Type

    Security Tokens

    Asset Standard

    N/A

    Blockchain Network

    N/A

    Total Asset Fraction Supply

    2,344 shares

    Asset Fraction Sale Allocation

    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

    $ 127,524

    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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