Lofty 581 San Francisco St

Airbnb Guest Favorite Home in Las Cruces, New Mexico.

Offering Details

Arrio Granum, with Polvadera Properties LLC, is selling a portion of his property's equity on the Lofty marketplace. Arrio will maintain at least 10% equity in the property indefinitely.
Arrio is a Superhost on Airbnb and manages the property. View Arrio's Airbnb Superhost profile.
Arrio is the owner of Aransas Holdings LLC. View his company website.
Arrio will buy back all of his equity in 8 years for a total of 16% appreciation for investors. There is no fee when equity is bought back, and investors can still trade their tokens on the Lofty marketplace anytime.
View additional terms here.

Airbnb

View Airbnb listing
Fully furnished and recently remodeled home with beautiful finishes.
The home has 4 bedrooms and 2 bathrooms with a big yard, a hot tub, and a patio with a gas grill.
Relax on the patio and cook out on the gas grill and create wonderful memories during your stay.
September through November enjoy pecans straight from the pecan trees on the property.
The Spa is ready for guests to kick back and relax.
The property has solar panels which keeps the electrical bill at a very low cost.
The utilities cost in the "Financials" tab includes cleaning, hot tub maintenance, and supplies for the Airbnb.
The closing costs include an additional $21,770 for the furniture and the hot tub, which can be viewed here. The property is fully furnished.
View YTD Profit & Loss Statement

Airbnb

This property has a loan of $160,094.91 View the loan documents here
As the seller, Arrio Granum pays down 100% of the loan payments, his equity percentage in the property will increase and the levered rental yield of investors will decrease over time. Investors have the ability to change this structure via a governance vote.