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DESCRIPTION.md

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Property566 Nash St, Akron, OH 44306
FolderREADME & Property Snapshot
KindText
Updated2026-07-07
Dropbox path00 - README & Property Snapshot/DESCRIPTION.md

About This File

Property originally listed by Novelty Homes LLC. (Learn more about third-party listings). Single Family Home: Akron, Ohio. Details - Location: Blocks from The University of Akron; 8,500 sqft lot. - Included: Range, refrigerator, washer, and dryer. Property Management and Insurance - Manager: ECO Systems, LLC. - Coverage: Obie Insurance Policy. Occupancy Status - Current Lease: $973/mo through 02/04/2026 (3% increase from $945/mo). - Reserves: $1,890 security deposit + $300 pet fee. - Financials: $600 leasing fee (deducted months 1-3); 100% tenant-paid utilities. - Contract: Lease Agreement. Location Data - Neighborhood: Roofstock Rating: 2/5. - Zip Code: Niche Rating: C+ (44306). Due Diligence Documents - HouseCanary Property Valuation Report - Appraisal - Inspection Report - Inspection Report Repairs - Purchase Agreement - Operating Agreement - Closing Statement - Property Deed…

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Property originally listed by **Novelty Homes LLC**. ([Learn more](https://learn.lofty.ai/en/articles/6145558-how-the-lofty-marketplace-works) about third-party listings).

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Single Family Home: Akron, Ohio.

## Details
- **Location:** Blocks from The University of Akron; 8,500 sqft lot.
- **Included:** Range, refrigerator, washer, and dryer.

## Property Management and Insurance
- **Manager:** ECO Systems, LLC.
- **Coverage:** [Obie Insurance Policy](https://www.dropbox.com/scl/fi/mcnx7xnql3z65ucg5u8gh/Evidence-of-Insurance-01-24-2025_to_01-24-2026-566_Nash_St.pdf?rlkey=g410w986s16e5tu86hknbk0jh&dl=0).

## Occupancy Status
- **Current Lease:** $973/mo through 02/04/2026 (3% increase from $945/mo).
- **Reserves:** $1,890 security deposit + $300 pet fee.
- **Financials:** $600 leasing fee (deducted months 1-3); 100% tenant-paid utilities.
- **Contract:** [Lease Agreement](https://www.dropbox.com/scl/fi/4xv42k3oztjclridwzas3/Lease-02-05-2025-02-04-2026-566-Nash-St-Akron-OH-44306_Redacted.pdf?rlkey=dxei3uljn51lb069ripydksdy&st=18c2eoes&dl=0).

## Location Data
- **Neighborhood:** [Roofstock Rating: 2/5](https://www.roofstock.com/get-neighborhood-rating).
- **Zip Code:** [Niche Rating: C+ (44306)](https://www.niche.com/places-to-live/z/44306/).

## Due Diligence Documents
- [HouseCanary Property Valuation Report](https://www.dropbox.com/scl/fi/2lgm3oixuwi31rkqbl1x3/Property-Valuation-Reports-May-2024-566-Nash-St-Akron-OH-44306.pdf?rlkey=8bmo27lpdt8p0y289lhyyxhdr&st=s05x4bot&dl=0)
- [Appraisal](https://www.dropbox.com/s/i81jqvv9006ty1c/Appraisal%20-%20Lofty%20Holding%20566%20Nash%20Street%20LLC.pdf?dl=0)
- [Inspection Report](https://www.dropbox.com/s/ol58y6h7zfls0t1/Inspection%20Report%20-%20Lofty%20Holding%20566%20Nash%20Street%20LLC.pdf?dl=0)
- [Inspection Report Repairs](https://www.dropbox.com/s/5mw53v084kwazze/Inspection%20Report%20Repairs%20-%20Lofty%20Holding%20566%20Nash%20Street%20LLC.pdf?dl=0)
- [Purchase Agreement](https://www.dropbox.com/s/1s9u6srmso8511b/Purchase%20Agreement%20Redacted%20-%20Lofty%20Holding%20566%20Nash%20Street%20LLC.pdf?dl=0)
- [Operating Agreement](https://www.dropbox.com/scl/fi/bpibv99uco1365d05t6ae/DAO-Operating-Agreement-566-Nash-St-Akron-OH-44306.pdf?rlkey=w636xoak1114jnhqnpc6ww43j&dl=0)
- [Closing Statement](https://www.dropbox.com/s/yqbx149a5y9yd4d/Closing%20Statement%20-%20%20Lofty%20Holding%20566%20Nash%20Street%20LLC.PDF?dl=0)
- [Property Deed](https://www.dropbox.com/s/cc6u51bqxql0uel/Recorded%20Deed%20-%20Lofty%20Holding%20566%20Nash%20Street%20LLC.pdf?dl=0)
- [View All Documents](https://www.dropbox.com/sh/3fyaqghqr15eqzg/AABVzHYNS-PNOr41VHLfSjUNa?dl=0)
- [View All Updates](https://www.loftyassist.com/properties/01G64ANN8TEPGHTQEGZBZ75RTF)

## Current Occupancy and Rent Snapshot

- Source: Hemlane rent roll export dated 2026-07-02 for the 2026-06 monthly update.
- Occupancy: 1/1 units (100.0% Occupied).
- Current monthly rent: $973.00.
- Tenant names and other PII are intentionally excluded.