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296 Huntington Ave
296 Huntington Ave
Akron, OH 44306
About
Single-family home located in Akron, Ohio, a few blocks from the University of Akron on a 5,001 sq ft lot. The property is currently occupied on a 1-year lease renewal from 06/01/2025 to 05/31/2026 at $995 per month with a $925 security deposit. The same tenant was previously on a 1-year lease from 06/01/2024 to 05/31/2025 at $953 per month and from 06/05/2023 to 05/21/2024 at $925 per month.
Property Management
Whalec Property Management
Whalec Property Management LLC is a specialized property management company with proven experience in the Lofty marketplace ecosystem. Led by Alec Vanbeek, the company brings a unique understanding of tokenized real estate management and the specific requirements of properties with distributed ownership structures.
Due Diligence Documents
About this offering
The Market
Akron, Ohio
Akron offers some of the most affordable homeownership in Northeast Ohio without giving up big-city amenities. Major employers like Goodyear, Summa Health, Cleveland Clinic Akron General, and the University of Akron anchor the local job base, and I-76 and I-77 put Cleveland and Canton within an easy drive. Cuyahoga Valley National Park and the Towpath Trail sit just north of the city, giving residents miles of trails and green space close to home.
Property Updates
Governance Results for 296 Huntington Ave:
Correction to the previous vote results:
The owner/property manager who proposed the vote holds shares across multiple wallets. Per the voting rules, if a user has more than one wallet, only the wallet with the most shares is counted for voting purposes. The previous results mistakenly included the owner’s wallet that did not hold the most shares. This correction updates the vote count to reflect the proper wallet.
The winning vote is:
YES: Authorize Alec VanBeek to sell the property for maximum token value without further governance votes.
This voting option received 621 / 841 votes, which is equal to 73.84% of the total votes.
The voting results can be found on chain here or by searching the application ID: 3596561792
Investor Reviews
Frequently Asked Questions
Have questions?
Have other questions? Learn how Lofty works
Share price
296 Huntington Ave
Akron, OH 44306
About
Single-family home located in Akron, Ohio, a few blocks from the University of Akron on a 5,001 sq ft lot. The property is currently occupied on a 1-year lease renewal from 06/01/2025 to 05/31/2026 at $995 per month with a $925 security deposit. The same tenant was previously on a 1-year lease from 06/01/2024 to 05/31/2025 at $953 per month and from 06/05/2023 to 05/21/2024 at $925 per month.
Property Management
Whalec Property Management
Whalec Property Management LLC is a specialized property management company with proven experience in the Lofty marketplace ecosystem. Led by Alec Vanbeek, the company brings a unique understanding of tokenized real estate management and the specific requirements of properties with distributed ownership structures.
Due Diligence Documents
Offering Details
The Market
Akron, Ohio
Akron offers some of the most affordable homeownership in Northeast Ohio without giving up big-city amenities. Major employers like Goodyear, Summa Health, Cleveland Clinic Akron General, and the University of Akron anchor the local job base, and I-76 and I-77 put Cleveland and Canton within an easy drive. Cuyahoga Valley National Park and the Towpath Trail sit just north of the city, giving residents miles of trails and green space close to home.
Property Updates
Governance Results for 296 Huntington Ave:
Correction to the previous vote results:
The owner/property manager who proposed the vote holds shares across multiple wallets. Per the voting rules, if a user has more than one wallet, only the wallet with the most shares is counted for voting purposes. The previous results mistakenly included the owner’s wallet that did not hold the most shares. This correction updates the vote count to reflect the proper wallet.
The winning vote is:
YES: Authorize Alec VanBeek to sell the property for maximum token value without further governance votes.
This voting option received 621 / 841 votes, which is equal to 73.84% of the total votes.
The voting results can be found on chain here or by searching the application ID: 3596561792
Investor Reviews
Frequently Asked Questions
Need Help?
Have other questions? Learn how Lofty works
Not paying rent right now
Right now this home's rent goes toward costs such as repairs, refilling the operating reserve, or covering a vacancy.
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.
Monthly Cash Flow
$995.00
Monthly Rent
$995.00
Monthly Expenses
$0.00
Paid to investors
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.