Lofty 3560 Saint Albans Rd

Lofty 3560 Saint Albans Rd

Print
Location
Saint Albans, MO
Projected Return
5.71%

Company Description

Fully Renovated Short-term Rental located in Saint Albans, MO

Offering Details

  • Kylie Brown transferred his property's deed to a new LLC and is selling a portion of the LLC on the Lofty Marketplace. This property is the only asset owned by the LLC.
  • Tokens represent direct ownership in the LLC that owns the property. Kylie will maintain at least 10% ownership in the LLC indefinitely.
  • View proof of Kylie's ownership prior to the title transfer here. View the LLC documents here.

Property Details

  • This property is a fully renovated short-term rental located in Saint Albans, MO.
  • The property was renovated and recently listed on Airbnb & VRBO starting in June, 2024. View the Year-to-date P&L Statement.
  • View Airbnb Listing
  • The co-owner, Kylie, advised that 99% of the inside of the house is new, the only items that are not new are the AC, water heater, and water softener.
  • View the list of renovations and cost tracker here.
  • Relax with the whole family and embrace luxury living at our exquisite short-term rental retreat! Set against the backdrop of a pristine golf course and surrounded by picturesque wedding venues, this stunning sanctuary offers a serene escape for discerning travelers.
  • Whether you're practicing your swing on the golf course or attending a romantic wedding celebration, every moment promises to be filled with elegance and allure.
  • Saint Albans, Missouri, is a scenic and serene community known for its natural beauty and luxury living. The best aspects include its picturesque landscapes, with rolling hills, forests, and views of the Missouri River. It's a haven for outdoor enthusiasts, offering excellent hiking, biking, and golfing, especially at the prestigious Saint Albans Country Club.
  • The area is also known for its peaceful, small-town charm, yet it's conveniently close to St. Louis, providing a balance of tranquility and access to urban amenities. The community is tight-knit, with a focus on privacy and exclusivity, making it an attractive location for those seeking a refined lifestyle.

Airbnb

More About the Seller

  • I raced professional Motocross, was a massage therapist, and did personal training for a few years until I opened up my first company at the age of 22 in the real estate industry. I am a father of 4 great kids (Jayden, Riley, Averi, and Kylie Jr) and have been married to my wonderful wife Christine for over 12 years. In my free time I love to weight train, ride motocross and supercross, Golf and be with my family. Love to build businesses and really enjoy being in real estate.
  • Owned 3 Real Estate companies, R.I.G. Real Estate Investment Group LLC (Florida Company), Integrity Real Home Solutions Inc (Florida Company), which diversified from negotiating short sales, purchasing and flipping them to tax liens.
  • Development Equity Partners LLC (Florida Company) We developed retail shopping centers for fortune 500 companies like Dunkin Donuts, Chick Fil-A & Dollar Tree. Between the real estate companies, we grew to doing over $20 Million in annual revenue.
  • Ran & Owned call centers that work with people to help them out of bad financial situations, these companies generated over 7 million in annual revenue with 50% profit margins.
  • Owned a vacation rental company for the last 8 years. We specialize in the vacation rental industry. This company is currently being closed
  • I currently own a Development/Home Building company called Blu Onx Development. We do large developments for new home builds and build homes as well.
  • Also I own Rezo Property Management LLC where we do short and long term rentals in the Orlando market currently and are planning on expanding throughout the USA.

Property Management and Insurance

Airbnb

Property Leverage

  • This property has a loan balance of $659,000 View the loan documents here
  • As the seller, Kylie Brown 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.

Occupancy Status

Location Data

  • "A-" Rating for Zip Code on Niche

Due Diligence Documents

Amount Raised : $0
Reveal the Score by Voting
_
Additional ratings from other users are needed to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
The value of the company compared to similar companies raising money from investors.
Valuation

Research Reports

No reports have been submitted

Become a Reporter

0 Comments