DESCRIPTION-FULL-2026-04-12 - 8708 Willard Ave, Cleveland, OH 44102.md

Property originally listed for sale on the marketplace by *HMW Holding Company, LLC*.

[Click here](https://learn.lofty.ai/en/articles/6145558-how-the-lofty-marketplace-works) to learn more about how third parties sell their properties on the Lofty Marketplace.

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Single Family Home located in Cleveland, Ohio.

## Details
- 1st floor has 2 bedrooms and 1 bathroom
- 2nd floor has 3 bedrooms and 1 bathroom
- 3rd floor is finished, and can be used as an additional bedroom
- Kitchen and bathrooms have been remodeled, all new windows, updated plumbing, and stainless steel appliances have been installed
- Modern updated electrical panel and wiring
- Hot water tank was installed in 2019
- Furnace is less than 5 years old
- Roof is 10 years old

## Property Management and Insurance
- Managed by ECO Systems LLC
- [Insurance Policy](https://www.dropbox.com/s/j5nq9856rdllo99/Property%20Insurance%202023-05-01%20-%208708%20Willard%20Ave%20Cleveland%2C%20OH%2044102.pdf?dl=0) through [Obie Insurance](https://www.obieinsurance.com/)

## Occupancy Status
- 1 year lease (3/21/2025 - 3/20/2026)
- $1,595/month
- $1,595 Security Deposit
- [Lease Agreement](https://www.dropbox.com/scl/fi/hortopqcb5ytdaknwzwxk/Lease-03-21-2025-03-20-2026-8708-Willard-Ave-Cleveland-OH-44102_Redacted.pdf?rlkey=rhuu3beimicolx53na051g8hz&st=88dcixz1&dl=0)

## Location Data
- 1/5 Neighborhood Rating on [Roofstock](https://www.roofstock.com/get-neighborhood-rating)
- "B-" Rating for Zip Code on [Niche](https://www.niche.com/places-to-live/z/44102/)

## Due Diligence Documents
- [HouseCanary Property Valuation Report](https://www.dropbox.com/scl/fi/9u9olrbgi0vxnt288l4tt/Property-Valuation-Reports-May-2024-8708-Willard-Ave-Cleveland-OH-44102.pdf?rlkey=mfdwuess4te60otxpepe9ihqn&st=gcqum6og&dl=0)
- [Inspection Report](https://www.dropbox.com/s/8n57iwa0cy2mzou/Inspection%20Report%20-%20Lofty%20Holding%208708%20Willard%20Avenue%20LLC.pdf?dl=0)
- [Inspection Report Repairs](https://www.dropbox.com/s/zwd20voc373k4kb/Inspection%20Report%20Completed%20Repairs%20-%20Lofty%20Holding%208708%20Willard%20Avenue%20LLC.pdf?dl=0)
- [Purchase Agreement](https://www.dropbox.com/s/z1pg655yi1miaiu/Purchase%20and%20Sales%20Agreement%20-%20Lofty%20Holding%208708%20Willard%20Avenue%20LLC.pdf?dl=0)
- [Operating Agreement](https://www.dropbox.com/scl/fi/wux5n755qwhxhd65ip5ms/DAO-Operating-Agreement-8708-Willard-Avenue-Cleveland-OH-44102.pdf?rlkey=vzwqsaau3hyb98llxwl0lka0z&dl=0)
- [Closing Statement](https://www.dropbox.com/s/kg3oitou2f70e8p/Closing%20Statement%20-%20Lofty%20Holding%208708%20Willard%20Avenue%20LLC.pdf?dl=0)
- [Deed](https://www.dropbox.com/s/b9lzx4238245mwv/Deed%20-%208708%20Willard%20Avenue%2C%20Cleveland%2C%20OH%2044102.pdf?dl=0)
- [View All Documents](https://www.dropbox.com/sh/vd1jsrb8be15swx/AAB4fTxhEz59kZhC5ykne5vya?dl=0)
- [View All Updates](https://www.loftyassist.com/properties/01FN4YH4XH19G1T0QMSWYD1QAB)

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*Extracted from Lofty.ai public listing page on 2026-04-04 via curl.*

## Rent Roll Summary (as of 2026-04-07)

- **Monthly Rent:** $1,595.00
- **Units:** 1
- **Occupied:** 1 (100.0% Occupied)
- **Outstanding Balance:** $52.92