Lofty 2489 Charlene Ct

Lofty 2489 Charlene Ct

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Location
Macon, GA
Projected Return
6.88%

Company Description

Rented 5-bedroom, 3-bath SFR in Macon, Georgia

Offering Details

  • Arrio Granum 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. Arrio will maintain at least 10% ownership in the LLC indefinitely.
  • View proof of title transfer to the LLC here. View the LLC documents here.

Property Details

  • Welcome to this spacious 5-bedroom, 3-bathroom house located at 2489 Charlene Ct, Macon, GA 31206. With a total of 1924.0 sqft of living space, this property offers ample room for comfortable living.
  • Built in 2010, this modern home features a well-designed layout that includes a living room, dining area, and a fully equipped kitchen with updated appliances.
  • The bedrooms are generously sized, providing plenty of space for relaxation and privacy. The bathrooms are sleek and stylish, offering a spa-like experience.
  • This house also boasts a backyard area, perfect for outdoor gatherings or simply enjoying the fresh air.
  • Located in a cul-de-sac, this property offers convenience and accessibility to nearby amenities such as shopping centers, restaurants, and parks. Easy commute to Base.
  • With a lease term of 12 months starting August 15, 2025, this house presents a great opportunity for those looking for a long term investment stability.

More About the Seller

  • Hi! I'm Arrio Granum. I am an Army Veteran with a passion for Real Estate. I'm an Oregon native and graduated from West Point in 2011 with a B.S. in Physics. I got my MBA from Pepperdine Graziadio Business School in 2021. I started my real estate journey in 2015 and haven’t been the same since. I've done hundreds of Real Estate Transactions and own and co-own a real estate portfolio mix of short to long term rentals as well as commercial real estate. You can best connect with me on LinkedIn!

Property Management and Insurance

Property Leverage

  • This property has a loan of $153,316.98. View the loan documents here
  • The DAO will begin servicing the mortgage after the initial 3-month stabilization period. Payments will be supported by DAO token burns and optional escrow token contributions from owners, shifting credit risk from the co-owner to the property itself. Since rent exceeds PITI, there is a healthy—though not excessive—yield. The co-owner/seller will backstop mortgage payments during turnovers in exchange for NOI or escrow token paydowns. Aransas Holdings will serve as property manager, collecting its fee through token paydowns (rounded to the nearest whole token) plus any cash remainder. For example, with $1,650 rent and a $165 PM fee, the PM would receive 3 tokens from DAO paydown plus $15 from NOI. Investors have the ability to change this structure via a governance vote.
  • Arrio currently holds this property subject to an existing 5.99% mortgage in the prior owner’s name. If a due-on-sale clause is triggered, or if any issue arises with the subject-to loan, there are two possible paths: (i) a Capital Call to pay off the loan and issue tokens accordingly, or (ii) a governance-approved refinance. Any refinance must be authorized by a governance vote that explicitly outlines the full process, including all required steps, parties involved, and any deed transfers necessary to complete the refinance.

Occupancy Status

  • 1 year lease (08/15/2025 - 08/14/2026)
  • $1,700/month
  • $2,000 Security Deposit
  • Lease Agreement

Location Data

  • "C" Rating for Zip Code on Niche

Due Diligence Documents

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