1190 Ridgetop Ave
A renovated duplex in Las Cruces configured as a five-bedroom, three-bath property with a main home and a separate casita. Upgrades include new plumbing to the curb, a new roof, and solar panels with an electrical credit provided by the owner. Both units are currently leased.
Bedrooms
5
Bathrooms
4
Size
2400 sq ft
Year Built
2024
Projected value
The offering costs $465,696.70 in total. The property itself is $293,000.00, so 58.9% of the total sits on top of the purchase price in reserves, costs and fees. Investors put in $295,200.00 and a $170,496.70 loan covers the rest.
- Purchase price62.9%$293,000.00
- Closing and offering costs0.3%$1,550.00
- Other36.8%$171,146.70
Figures as published by the platform at listing. Reserves are held for the property and stay inside the deal, closing costs and the platform fee do not.
Total Tokens
5,904
Token Price
$41.00
Tokens Available
28
Minimum Investment
$41.00
Token Holders
198
Platform Fee
N/A
Management Fee
N/A
Leverage
58% debt
Blockchain Network
Algorand
Token Symbol
LFTY0426
Property Type
Multi-Family
Bedrooms
5
Bathrooms
4
Size
2400 sq ft
Year Built
2024
Condition
N/A