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DESCRIPTION.md

Generated 2026-07-12T10:17:49.295278+00:00 from live Dropbox Public folders.

Description

Two-property package located in Ohio. The first property is a single-family home at 1321 Allendale Ave, Akron, Ohio, featuring 3 bedrooms, 1 bathroom, and 1,050 sq ft, with updates including new paint and flooring (2019), a new garage and driveway concrete (2018), a new bathroom (2019), and a new roof (2017). The second property is a duplex at 1518 Dille Rd, Euclid, Ohio, consisting of two 2-bedroom, 1-bathroom units totaling 2,388 sq ft, with owner-paid utilities of approximately $140 per month

Extracted Content

Two-property package located in Ohio. The first property is a single-family home at 1321 Allendale Ave, Akron, Ohio, featuring 3 bedrooms, 1 bathroom, and 1,050 sq ft, with updates including new paint and flooring (2019), a new garage and driveway concrete (2018), a new bathroom (2019), and a new roof (2017). The second property is a duplex at 1518 Dille Rd, Euclid, Ohio, consisting of two 2-bedroom, 1-bathroom units totaling 2,388 sq ft, with owner-paid utilities of approximately $140 per month for water and sewer and $400 per year for a rental license. The lower unit is leased at $795 per month from 12/01/2024 to 11/30/2025, and the upper unit is leased at $1,000 per month from 04/01/2024 to 03/31/2025. The package includes a first-position mortgage and promissory note for $50,000 at a 7% interest rate amortized over 30 years with a 5-year balloon, secured by a personal guarantee and collateral at 1258 Lily St, Akron, Ohio. ## Current Occupancy and Rent Snapshot - Source: Hemlane rent roll export dated 2026-07-02 for the 2026-06 monthly update. - Occupancy: 4/4 units (100.0% Occupied). - Current monthly rent: $1,870.95. - Aggregate outstanding balance due: $7,059.85. - Tenant nam