'/%3e%3cpath%20d='M110.5%2074.84L61.56%20113.3V150.04H0V87.4L110.5%200V74.84Z'%20fill='url(%23paint1_linear_1102_1766)'/%3e%3cpath%20d='M159.44%20150.04L159.44%20205.81H159.2L110.5%20166.53L61.8001%20205.81H61.5601L61.56%20150.04L110.5%20110.57L159.44%20150.04Z'%20fill='url(%23paint2_linear_1102_1766)'/%3e%3cpath%20d='M110.5%20110.57V166.53L61.8001%20205.81H61.5601L61.56%20150.04L110.5%20110.57Z'%20fill='url(%23paint3_linear_1102_1766)'/%3e%3cpath%20d='M159.44%20206H61.5601L61.8001%20205.81L110.5%20166.53L159.2%20205.81L159.44%20206Z'%20fill='url(%23paint4_linear_1102_1766)'/%3e%3cdefs%3e%3clinearGradient%20id='paint0_linear_1102_1766'%20x1='166'%20y1='-19.908'%20x2='145.641'%20y2='227.731'%20gradientUnits='userSpaceOnUse'%3e%3cstop%20stop-color='%23B5AAFF'/%3e%3cstop%20offset='0.723958'%20stop-color='%238977FF'/%3e%3c/linearGradient%3e%3clinearGradient%20id='paint1_linear_1102_1766'%20x1='64'%20y1='15.7891'%20x2='172.309'%20y2='257.652'%20gradientUnits='userSpaceOnUse'%3e%3cstop%20stop-color='%239383FF'/%3e%3cstop%20offset='0.75'%20stop-color='%234D3FED'/%3e%3c/linearGradient%3e%3clinearGradient%20id='paint2_linear_1102_1766'%20x1='171.462'%20y1='36.6188'%20x2='8.598'%20y2='270.272'%20gradientUnits='userSpaceOnUse'%3e%3cstop%20offset='0.229167'%20stop-color='%23B5AAFF'/%3e%3cstop%20offset='0.994792'%20stop-color='%238977FF'/%3e%3c/linearGradient%3e%3clinearGradient%20id='paint3_linear_1102_1766'%20x1='55.7219'%20y1='-31.3876'%20x2='76.8187'%20y2='349.172'%20gradientUnits='userSpaceOnUse'%3e%3cstop%20offset='0.307292'%20stop-color='%239383FF'/%3e%3cstop%20offset='0.854167'%20stop-color='%234D3FED'/%3e%3c/linearGradient%3e%3clinearGradient%20id='paint4_linear_1102_1766'%20x1='110'%20y1='271'%20x2='76.5255'%20y2='202.314'%20gradientUnits='userSpaceOnUse'%3e%3cstop%20stop-color='%23B5AAFF'/%3e%3cstop%20offset='0.90625'%20stop-color='%238977FF'/%3e%3c/linearGradient%3e%3c/defs%3e%3c/svg%3e)
'/%3e%3cpath%20d='M110.5%2074.84L61.56%20113.3V150.04H0V87.4L110.5%200V74.84Z'%20fill='url(%23paint1_linear_1102_1752)'/%3e%3cpath%20d='M159.44%20150.04L159.44%20205.81H159.2L110.5%20166.53L61.8001%20205.81H61.5601L61.56%20150.04L110.5%20110.57L159.44%20150.04Z'%20fill='url(%23paint2_linear_1102_1752)'/%3e%3cpath%20d='M110.5%20110.57V166.53L61.8001%20205.81H61.5601L61.56%20150.04L110.5%20110.57Z'%20fill='url(%23paint3_linear_1102_1752)'/%3e%3cpath%20d='M159.44%20206H61.5601L61.8001%20205.81L110.5%20166.53L159.2%20205.81L159.44%20206Z'%20fill='url(%23paint4_linear_1102_1752)'/%3e%3cdefs%3e%3clinearGradient%20id='paint0_linear_1102_1752'%20x1='166'%20y1='-19.908'%20x2='145.641'%20y2='227.731'%20gradientUnits='userSpaceOnUse'%3e%3cstop%20stop-color='%23B5AAFF'/%3e%3cstop%20offset='0.723958'%20stop-color='%238977FF'/%3e%3c/linearGradient%3e%3clinearGradient%20id='paint1_linear_1102_1752'%20x1='64'%20y1='15.7891'%20x2='172.309'%20y2='257.652'%20gradientUnits='userSpaceOnUse'%3e%3cstop%20stop-color='%239383FF'/%3e%3cstop%20offset='0.75'%20stop-color='%234D3FED'/%3e%3c/linearGradient%3e%3clinearGradient%20id='paint2_linear_1102_1752'%20x1='171.462'%20y1='36.6188'%20x2='8.598'%20y2='270.272'%20gradientUnits='userSpaceOnUse'%3e%3cstop%20offset='0.229167'%20stop-color='%23B5AAFF'/%3e%3cstop%20offset='0.994792'%20stop-color='%238977FF'/%3e%3c/linearGradient%3e%3clinearGradient%20id='paint3_linear_1102_1752'%20x1='55.7219'%20y1='-31.3876'%20x2='76.8187'%20y2='349.172'%20gradientUnits='userSpaceOnUse'%3e%3cstop%20offset='0.307292'%20stop-color='%239383FF'/%3e%3cstop%20offset='0.854167'%20stop-color='%234D3FED'/%3e%3c/linearGradient%3e%3clinearGradient%20id='paint4_linear_1102_1752'%20x1='110'%20y1='271'%20x2='76.5255'%20y2='202.314'%20gradientUnits='userSpaceOnUse'%3e%3cstop%20stop-color='%23B5AAFF'/%3e%3cstop%20offset='0.90625'%20stop-color='%238977FF'/%3e%3c/linearGradient%3e%3c/defs%3e%3c/svg%3e)
2820 Rucker Ave
2820 Rucker Ave
Everett, WA 98201
About
Prime downtown Everett location in a rapidly upzoning corridor, steps from future transit, services, and new development. The property is anchored by Pawsome Park and Lodge, a popular local tenant driving strong daily foot traffic and community engagement. It operates under a 10-year triple net lease where the tenant covers all taxes, insurance, and repairs, with rent escalating from $12,500/month to $25,000/month within two years. Surrounded by a mix of local businesses and residential growth, the asset offers stable income today with meaningful upside as the area densifies. Zoned high-density Mixed Urban (MU-15/Center City), the site supports potential future redevelopment up to 15–25 stories with no strict unit cap.
Property Management
Chris Rugh
Chris Rugh is a forward-thinking entrepreneur and seasoned investor with a passion for innovation. With a dynamic career spanning real estate, intellectual property, and high-impact startups, Chris has carved out a reputation as a results-driven leader with an exceptional ability to identify and scale high-value opportunities. His experience owning and managing over 150,000 sqft of real estate coupled with his past experience brokering over half a billion dollars in intellectual and real property leaves him in a strong position to clearly see trends and pathways to success. His real estate portfolio demonstrates his belief in data-driven decision-making, sound financial fundamentals, and the power of leveraging technology to maximize property potential. By joining the Lofty.ai platform, Chris brings a wealth of knowledge, a strong investment track record, and a forward-thinking mindset that aligns perfectly with the platform's mission to democratize real estate investing through AI and fractional ownership.
Due Diligence Documents
About this offering
The Market
Everett, WA
Everett, WA offers a mix of neighborhood livability, local employment centers, and day-to-day amenities that support long-term housing demand. The area benefits from access to major commuter routes, schools, and retail services, while continuing to attract residents looking for affordability and convenience. As population and job activity remain steady across the broader region, rental demand is generally supported by both local households and in-migration trends.
Property Updates
Owner-proposed Governance Results for 2820 Rucker Ave:
The governance results are back for the most recent governance votes.
The winning vote is:
Option 1: FOR Adoption (YES) You approve replacing the Original Operating Agreement with one integrated, lender- and title-ready Amended & Restated Operating Agreement & you authorize DAOVEST LLC (Managing Agent) to execute and certify it on behalf of DAO
This voting option received 100% of the votes. This is a co-ownership property, which means the governance mechanism used the scaled governance calculations as opposed to the default of 1 token equals 1 vote.
The voting results can be found on chain here or by searching the application ID: 3624048261
The winning vote is:
Option 1: FOR Adoption of the DAO Loan Agreement (YES) You adopt the DAO Loan Agreement authoriz ing DAOVEST LLC to obtain a cash - out refinance of up to $1,900,000 on 2820 Rucker Ave, use the proceeds to repay existing debt and fund improvements, taxes, and finishing costs, and execute all loan and closing documents needed to close without further intermediary votes within the cap.
This voting option received 100% of the votes. This is a co-ownership property, which means the governance mechanism used the scaled governance calculations as opposed to the default of 1 token equals 1 vote.
The voting results can be found on chain here or by searching the application ID: 3624048871
The current operating agreement is not compliant for many lenders in WA state. Additionally, the vote seems to have been cut off and leaves out that any extra money from the re-fi will be (generally—I'm not a CPA—verify with yours) a tax-free to current owners based on their percentage of ownership.
Investor Reviews
N/A/5(0 reviews)No reviews yet
Investors haven't shared their experience with this property yet.
Frequently Asked Questions
Have questions?
Have other questions? Learn how Lofty works
Projected Returns
Investing with Lofty can generate returns in two ways:
1) Annual cash flow from rental income.
2) Annual appreciation from long-term property value changes.
Annual Cash Flow
$12,500
Annual Rent
$750
Annual Expenses
$11,750
Net Cash Flow
Annual Appreciation
Based on the Zillow Value Home Index (ZHVI) Single Family Homes Time Series, single family homes appreciated an average of 11% per year over the last 20 years (March 31, 2003 - March 31, 2023).
This figure reflects a national benchmark for single family homes in the 35th to 65th home-price percentile range and may not represent this specific property's zip code. Real-world returns can also vary based on investment costs, hold period, and leverage.
Use the returns calculator below to explore how different assumptions can impact your hypothetical investment outcome.
Projected Returns Calculator
Adjust the assumptions below to model how this property could grow over 7 years.
Annualized Return
+3.6%
per year over 7 years
7-Year Projection
$1,286
+$286 vs. initial $1,000
This calculator is for illustrative purposes only and displays a range of hypothetical investment outcomes based on the inputs you provide. Actual investment outcomes depend on many factors and cannot be determined before the investment period ends. Historical performance is not indicative of future results.
The calculations assume a 7-year hold period and an average annual net operating income increase of 3%. The 10- and 20-year averages are based on data from the ZHVI Single Family Homes Time Series and reflect averages for single-family homes in the 35th to 65th percentile by home price.
About this offering
Returns
Annual Income & Expenses
Order book
Trading has not opened yet
The order book appears once this property reaches the secondary market and investors can place buy and sell orders.
Share price
$50.00
2820 Rucker Ave
Everett, WA 98201
About
Prime downtown Everett location in a rapidly upzoning corridor, steps from future transit, services, and new development. The property is anchored by Pawsome Park and Lodge, a popular local tenant driving strong daily foot traffic and community engagement. It operates under a 10-year triple net lease where the tenant covers all taxes, insurance, and repairs, with rent escalating from $12,500/month to $25,000/month within two years. Surrounded by a mix of local businesses and residential growth, the asset offers stable income today with meaningful upside as the area densifies. Zoned high-density Mixed Urban (MU-15/Center City), the site supports potential future redevelopment up to 15–25 stories with no strict unit cap.
Property Management
Chris Rugh
Chris Rugh is a forward-thinking entrepreneur and seasoned investor with a passion for innovation. With a dynamic career spanning real estate, intellectual property, and high-impact startups, Chris has carved out a reputation as a results-driven leader with an exceptional ability to identify and scale high-value opportunities. His experience owning and managing over 150,000 sqft of real estate coupled with his past experience brokering over half a billion dollars in intellectual and real property leaves him in a strong position to clearly see trends and pathways to success. His real estate portfolio demonstrates his belief in data-driven decision-making, sound financial fundamentals, and the power of leveraging technology to maximize property potential. By joining the Lofty.ai platform, Chris brings a wealth of knowledge, a strong investment track record, and a forward-thinking mindset that aligns perfectly with the platform's mission to democratize real estate investing through AI and fractional ownership.
Due Diligence Documents
Offering Details
The Market
Everett, WA
Everett, WA offers a mix of neighborhood livability, local employment centers, and day-to-day amenities that support long-term housing demand. The area benefits from access to major commuter routes, schools, and retail services, while continuing to attract residents looking for affordability and convenience. As population and job activity remain steady across the broader region, rental demand is generally supported by both local households and in-migration trends.
Property Updates
Owner-proposed Governance Results for 2820 Rucker Ave:
The governance results are back for the most recent governance votes.
The winning vote is:
Option 1: FOR Adoption (YES) You approve replacing the Original Operating Agreement with one integrated, lender- and title-ready Amended & Restated Operating Agreement & you authorize DAOVEST LLC (Managing Agent) to execute and certify it on behalf of DAO
This voting option received 100% of the votes. This is a co-ownership property, which means the governance mechanism used the scaled governance calculations as opposed to the default of 1 token equals 1 vote.
The voting results can be found on chain here or by searching the application ID: 3624048261
The winning vote is:
Option 1: FOR Adoption of the DAO Loan Agreement (YES) You adopt the DAO Loan Agreement authoriz ing DAOVEST LLC to obtain a cash - out refinance of up to $1,900,000 on 2820 Rucker Ave, use the proceeds to repay existing debt and fund improvements, taxes, and finishing costs, and execute all loan and closing documents needed to close without further intermediary votes within the cap.
This voting option received 100% of the votes. This is a co-ownership property, which means the governance mechanism used the scaled governance calculations as opposed to the default of 1 token equals 1 vote.
The voting results can be found on chain here or by searching the application ID: 3624048871
The current operating agreement is not compliant for many lenders in WA state. Additionally, the vote seems to have been cut off and leaves out that any extra money from the re-fi will be (generally—I'm not a CPA—verify with yours) a tax-free to current owners based on their percentage of ownership.
Investor Reviews
N/A/5(0 reviews)No reviews yet
Investors haven't shared their experience with this property yet.
Frequently Asked Questions
Need Help?
Have other questions? Learn how Lofty works
Projected Returns
Investing with Lofty can generate returns in two ways:
1) Annual cash flow from rental income.
2) Annual appreciation from long-term property value changes.
Annual Cash Flow
$12,500
Annual Rent
$750
Annual Expenses
$11,750
Net Annual Cash Flow
Annual Appreciation
Based on the Zillow Value Home Index (ZHVI) Single Family Homes Time Series, single family homes appreciated an average of 11% per year over the last 20 years (March 31, 2003 - March 31, 2023).
This figure reflects a national benchmark for single family homes in the 35th to 65th home-price percentile range and may not represent this specific property's zip code. Real-world returns can also vary based on investment costs, hold period, and leverage.
Use the returns calculator below to explore how different assumptions can impact your hypothetical investment outcome.
Projected Returns Calculator
Adjust the assumptions below to model how this property could grow over 7 years.
Annualized Return
+3.6%
per year over 7 years
7-Year Projection
$1,286
+$286 vs. initial $1,000
This calculator is for illustrative purposes only and displays a range of hypothetical investment outcomes based on the inputs you provide. Actual investment outcomes depend on many factors and cannot be determined before the investment period ends. Historical performance is not indicative of future results.
The calculations assume a 7-year hold period and an average annual net operating income increase of 3%. The 10- and 20-year averages are based on data from the ZHVI Single Family Homes Time Series and reflect averages for single-family homes in the 35th to 65th percentile by home price.