Lofty 14018 Arcadia Road NE

Airbnb Rental Home "Casa Cascada" located in Albuquerque, New Mexico.

Offering Details

Tristan Huerta is selling a portion of his property's equity on the Lofty marketplace. Tristan will maintain at least 10% equity in the property indefinitely.
Tristan is a Superhost on Airbnb and manages the property. View Tristans Airbnb Superhost profile.
Tristan was previously the Head of Short Term Rentals at Investment.com.

Airbnb

Welcome to Casa Cascada! This beautiful 6 bedroom, 6 bath, 4,200 sq. ft. home with 14 beds sleeps 21 comfortably and leaves nothing to be desired.
Guests can enjoy the pool with cascading waterfalls, the game room for some ping-pong, or cornhole on the back patio.
The spacious home is nestled in the foothills of Albuquerque, just minutes from downtown with easy access to I-40.
Casa Cascada is the perfect stay for those looking to enjoy a tastefully designed, New Mexican style home with friends and family.
The adobe home has red brick floors, high wood beam ceilings, and Mexican style countertops throughout. Unique New Mexican details are found throughout each room of the house.
View costs of furnishings, interior design, and repairs.
Tristan will provide a full credit for a new roof and pool resurfacing once these repairs are required.
View the repairs made from the inspection report here.
Tristan advised that he recently hired a new cleaning crew and the cleanliness issue mentioned in a recent review has now been resolved.
The utilities cost in the "Financials" tab includes cleaning, electricity, water, gas, internet, supplies, pool cleaning, Youtube TV, Pricelabs, and Hospitable.
The closing costs include an additional $65,959.41 for the purchased furniture, which can be viewed here. The property is fully furnished.
The displayed Rental Yield is based on the net cash flow in the month of May. View YTD Bookings and Profit & Loss Statement here

Managed by the seller, Tristan Huerta, and Madison Cason. Both Tristan and Madison are Superhosts on Airbnb.
Tristan primarily manages the Airbnb. Madison is a co-host who is the primary point of contact for guests, handles all communication with the cleaning and maintenance team, orders all supplies, and handles any issues that come up.
Property Management Agreement
Insurance Policy from Proper Insurance Services, LLC.

Airbnb

This property has a loan of $534,639.35 View the loan documents here.
As the seller, Tristan Huerta 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.

"A-" Rating for Zip Code on Niche
Sandia Peak Ski Area, Albuquerque's only skiable mountain, is a 15 minute drive from Casa Cascada but was temporarily closed 2022. In October 2023, Mountain Capital Partners announced a JV agreement for the operation of Sandia Peak Ski Area. In early February, company officials announced that MCP would assume both ownership and management of Sandia Peak Ski Area. Later that month, the mountain opened to the public for the first time in 2 years. This is the company’s third New Mexico ski area (Pajarito, Sipapu), bringing the company's total portfolio to fourteen ski, bike and golf resorts across the Southwest, Oregon, and Chile. Sandia Peak is included in the company's Power Pass which includes several other resorts like Purgatory and Nordic Valley. The mountain and city itself is significantly more affordable than the alternative (Santa Fe) so Tristan anticipates a significant boost in booking revenue from vacationers.