← 254 Bowmanville St, Akron, OH 44305 · All properties

DESCRIPTION.md

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Property originally listed for sale on the marketplace by *Akron Dream Homes LLC*. SOLD 7/25/25, it is now purely a Lending DAO owning shares of EARLDAO held in [this wallet](https://allo.info/account/EXQMR42THSXUALDRC42I65FFATM7LGUN5GKZG663ILXZVN2IFEJLCAHKCM). [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. --- - DAO Financial Summary as of August 11, 2025 (subject to c

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Property originally listed for sale on the marketplace by *Akron Dream Homes LLC*. SOLD 7/25/25, it is now purely a Lending DAO owning shares of EARLDAO held in [this wallet](https://allo.info/account/EXQMR42THSXUALDRC42I65FFATM7LGUN5GKZG663ILXZVN2IFEJLCAHKCM).

[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.

---

- DAO Financial Summary as of August 11, 2025 (subject to change pending final accounting by Lofty):
- Sale Price: $60,000
- Back Taxes, Commissions, Closing Costs: $8,269.84
- Gruzmarg invoice: $13,500, negotiated down to $5,500 by ECO Systems ($8,000 savings).
- [Paid Invoice](https://link.waveapps.com/td3yjh-sgvvse)
- Balance PAID to HRG: $3496.03
- Balance PAID to Northsight Management ℅ HRG: $458.75
- Balance PAID to ULD: $229.86
- Balance PAID to Obie Insurance: $462.54 ($74.60 overpayment refund due)
- DAO Assets [Wallet](https://allo.info/account/EXQMR42THSXUALDRC42I65FFATM7LGUN5GKZG663ILXZVN2IFEJLCAHKCM): 824 EARLDAO shares @ $50/share = $41,200 @ 12% APY
- Balance Owed to Yhome: 135 EARLDAO shares @ $50/share = ($6,750)
- DAO Net Cash: $32.43
- Estimated NAV: $16.36/share
- Monthly Cash Flow: $412.00
- [View Financial Reconciliation Details](https://www.dropbox.com/scl/fi/0yf0syxxxm58zpguib5nz/Yhome-Transition-Reconciliation.xlsx?rlkey=4rurmo3m2swur63oxq0hafr01&dl=0)

---

Archived Description:
Single Family Home located in Akron, Ohio.

## Details
- Renovated in April, 2022. Renovations include: New hot water tank, newer furnace, new siding, new kitchen with tile backsplash, new bathroom and tile, new carpet, new vinyl plank flooring, and fresh paint throughout.
- Located on a 5,837 sq ft lot
- Central AC

## Property Management and Insurance
- Managed by ECO Systems LLC
- [Insurance Policy](https://www.dropbox.com/s/ej64ev7hhtktbkj/Insurance%20%2806-01-2023%20-%2001-24-2024%29%20-%20254%20Bowmanville%20St%2C%20Akron%2C%20OH%2044305.pdf?dl=0) through [Obie Insurance](https://www.obieinsurance.com/) 

## Occupancy Status
- SOLD

## Location Data
- 2/5 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/44305/)

## Due Diligence Documents
- [HouseCanary Property Valuation Report](https://www.dropbox.com/scl/fi/sbf8zxunau6hh7m7g4vo4/Property-Valuation-Reports-May-2024-254-Bowmanville-St-Akron-OH-44305.pdf?rlkey=pdvq1vjpjkudu58awp3zgj0it&st=5o1kwp31&dl=0)
- [Inspection Report](https://www.dropbox.com/s/oi6m7esjrnjn6fc/Inspection%20Report%20-%20Lofty%20Holding%20254%20Bowmanville%20Street%20LLC.pdf?dl=0)
- [Inspection Report Repairs](https://www.dropbox.com/s/mo7050zeyzeinf7/Inspection%20Report%20Repairs%20-%20Lofty%20Holding%20254%20Bowmanville%20Street%20LLC.pdf?dl=0)
- [Renovations and Updates](https://www.dropbox.com/s/o83ff6xcicnzaxv/Renovations%20%26%20Updates%20-%20Lofty%20Holding%20254%20Bowmanville%20Street%20LLC.pdf?dl=0)
- [Purchase Agreement](https://www.dropbox.com/s/c3txa839l67jr7d/Purchase%20%26%20Sale%20Agreement%20-%20Lofty%20Holding%20254%20Bowmanville%20Street%20LLC.pdf?dl=0)
- [Operating Agreement](https://www.dropbox.com/scl/fi/4bwkwgzub584wdsdyz7g1/DAO-Operating-Agreement-254-Bowmanville-St-Akron-OH-44305.pdf?rlkey=8skzgl674hy5vhltzz3jvs567&dl=0)
- [Closing Statement](https://www.dropbox.com/s/hjkjx0uob81k1yb/Closing%20Documents%20-%20Lofty%20Holding%20254%20Bowmanville%20Street%20LLC.pdf?dl=0)
- [View All Documents](https://www.dropbox.com/sh/8xcmirhib8dvi3l/AADpjGXEZw6h0-44o3AA52vwa?dl=0)