3761 Jade Ave
Asset Issuer
Lofty AI
Asset Platform
Lofty AI
Asset Name
3761 Jade Ave
Asset Class
Real Estate
Asset Type
Residential Real Estate
Asset Abbreviation
3761-Jade-Ave_Las-Cruces-NM-88012
Asset Fraction Price
$ 54.61 (variable)
Asset Fraction Yield
19.42% (variable)
Asset Fraction Maturity
N/A
Min. Investment Size
$ 54.61 (variable)
Asset Fraction Sale End Date
Asset
Valuation
$ 313,600
Category
Description
Las Cruces, New Mexico, is the second-largest city in the state, located in the southern part of New Mexico. It serves as the county seat of Doña Ana County and is known for its rich cultural heritage, vibrant arts scene, and diverse economy. The city is surrounded by stunning landscapes, including the Organ Mountains and the Chihuahuan Desert, providing breathtaking views and outdoor recreation opportunities. Residents can enjoy hiking, biking, rock climbing, and camping. The nearby Organ Mountains-Desert Peaks National Monument is a popular destination for nature enthusiasts.
Features
• Type: Vacation rental, Airbnb Guest Favorite.
• Size: 4 bedrooms, 2.5 bathrooms, 1602 sqft.
• Location: Las Cruces, New Mexico, near White Sands and city attractions.
• Furnishing: Fully furnished and recently remodeled, includes hot tub, game room, popcorn machine, pergola, and fire ring.
• Energy: Solar panels for low electricity cost.
• Management: Managed by owner Arrio Granum, an Airbnb Superhost.
• Ownership Structure: Tokens represent direct LLC ownership; Arrio keeps at least 10% ownership.
• Buyback Agreement: Arrio will buy back equity in 8 years with 16% appreciation ($58/token).
• Loan: $250,734.63 loan; seller pays 100% of loan payments.
• Occupancy: Short-term rental on Airbnb with active booking history.
• Nearby Amenities: Starbucks and local attractions close by.
• Extras Included: $22,879.54 worth of furniture and hot tub in closing costs.
• Projected Returns: Projected annual return 15.68%, projected rental yield 13.18%, current rental yield 21.11%.
• Payment Method: Investments done in USDC cryptocurrency on blockchain.
Details
Asset Platform URL
https://www.lofty.ai/
Asset Location
United States
Regulatory Jurisdiction
New Mexico, United States
Asset Fraction Type
Security Tokens
Asset Standard
N/A
Blockchain Network
N/A
Total Asset Fraction Supply
6,272 tokens
Asset Fraction Sale Allocation
532 tokens
Total Asset Fractions Sold (So Far)
1,262 tokens
Max. Investment Size
N/A
Asset Fraction Sale Start Date
June 19, 2024
Assesment/Rating Provider
Assesment/Rating
Assessment/Rating Proof
Financial Statements
Financial Audits
Asset Valuation
$ 313,600
Asset Valuation Documentation
Asset Ownership Structure
Company Registration
License or Regulatory Framework
Smart Contract
Smart Contract Audit
Whitepaper
