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3038-3040 Sinclair St

Asset Issuer

Lofty AI

Asset Platform

Lofty AI

Asset Name

3038-3040 Sinclair St

Asset Class

Real Estate

Asset Type

Residential Real Estate

Asset Abbreviation

3038-3040 SS

Asset Fraction Price

$ 18.90

Asset Fraction Yield

2.76%

Asset Fraction Maturity

N/A

Min. Investment Size

$ 18.90

Asset Fraction Sale End Date

Asset
Valuation

$ 194,836

Category

Description

The property at 3038–3040 Sinclair Street in Memphis, Tennessee (38127) is a multifamily duplex investment opportunity comprising two residential units. The building has been recently renovated with updates including a new bathroom, updated kitchen, new roof, interior and exterior paint, new doors, new laminate flooring, new windows, new plumbing, and new cabinets, making it appealing for both tenants and long-term investors. The duplex sits on a 6,050 sq ft lot and offers a combined total of about 1,375 sq ft of living space. The property is marketed on the fractional real-estate platform Lofty.ai, where it is available for investment with tokens representing ownership shares, providing an accessible entry point for individual investors.

Features

  • Property Type: Multifamily duplex (2-unit residential property)
  • Total Living Area: ~1,375 sq ft
  • Lot Size: ~6,050 sq ft
  • Recent Renovations: Includes updates to bathroom, kitchen, roof, paint, doors, flooring, windows, plumbing, and cabinets
  • Condition: Renovated investment property
  • Location: Memphis, TN 38127 — residential neighborhood with local amenities
  • Investment Structure: Available as a fractional real-estate investment via tokens on Lofty.ai
  • Approximate Price per Token: ~$17.40 (indicative, subject to change)
  • Expected Returns: Modest projected IRR (about 2.76% per some listings) with potential rental income
  • Details

    Asset Platform URL

    https://www.lofty.ai/

    Asset Location

    United States

    Regulatory Jurisdiction

    Memphis, TN 38127

    Asset Fraction Type

    Shares

    Asset Standard

    N/A

    Blockchain Network

    N/A

    Total Asset Fraction Supply

    3,032 tokens

    Asset Fraction Sale Allocation

    3,032 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

    $ 194,836

    Asset Valuation Documentation

    Asset Ownership Structure

    Company Registration

    License or Regulatory Framework

    Smart Contract

    Smart Contract Audit

    Whitepaper

    Relevant External Links

    Recently Added Assets

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

    Risk Disclosure

    Investing in alternative and fractional assets involves a high degree of risk and may not be suitable for all investors. Such investments are often illiquid, speculative, and subject to substantial risk, including:

    • Loss of principal
    • Illiquidity and lack of a secondary market
    • Valuation uncertainty and volatility
    • Regulatory limitations and lack of investor protections
    • Concentration risk
    • Past performance not being indicative of future returns

    Always consult qualified financial, legal, and tax professionals before making investment decisions.