Primarily an owner-occupied community

The Lofts is a primarily owner-occupied residential community focused on long-term living. To support community stability and property values, leasing is intentionally limited.

The Lofts is a primarily owner-occupied community focused on long-term living. Leasing is limited to support community stability and property values.

Here are the key things to know:

• New owners must occupy their unit for at least 12 months before becoming eligible to lease
• Short-term rentals (Airbnb, VRBO, etc.) are not permitted
• Leases must be 6 to 12 months and require prior Board approval
• A leasing cap is currently in place, and all lease slots are filled
• A waitlist exists, but placement does not guarantee future leasing approval or timing

In general, the Lofts is best suited for buyers planning to use the property as a primary residence rather than for rental or investment purposes.

Parking at The Lofts is primarily deeded and assigned to each unit, with limited additional options available.

Here are the key things to know:

• Deeded Garage Parking
  Each residence includes one or two assigned garage spaces, depending on the original unit configuration.
• Vehicle Size (Important)
  Garage spaces are limited in size due to building layout and turning constraints.
  Vehicles must fit entirely within the assigned space and must not interfere with neighboring vehicles. Oversized vehicles may not be permitted.
• Additional Parking (Limited Availability)
  A limited number of garage spaces may be available for lease. Availability is subject to a waitlist.
• Accessible Parking
  A very limited number of accessible spaces are available within the garage and may be exchanged with a standard assigned space, subject to availability and eligibility requirements.
• Public & Nearby Parking
  Public and designated accessible parking is available in nearby areas within Perkins Rowe.
• Electric Vehicle Charging
  Installation of EV charging equipment may be considered on a case-by-case basis, subject to Association approval and at the owner’s expense.

Yes. To protect the building’s structure, shared systems, and overall living experience, all interior renovations require prior Board approval.Work may not begin without approval.

Here are the key things to know:

• Advance Approval Required
  Requests must be submitted at least 7 days prior to starting work. All work must follow approved days and hours.
• Licensed & Insured Contractors Only
  All work must be performed by properly licensed and insured contractors and each sub contractor for projects contracted by the homeowner. (excludes DIY projects)
• Design & Material Standards
  Depending on the project, specific materials or construction standards may be required to maintain consistency and protect shared building elements.
• Sound Requirements (Important)
  Flooring changes must meet acoustic standards. Documentation may be required to demonstrate compliance.
• Hard Flooring Coverage
  Units with hard-surface flooring must include area rugs with appropriate underlayment covering at least 75% of the floor area.

These requirements help maintain comfort, reduce disruption, and protect long-term property values.

When you purchase a condominium at The Lofts, you own both your individual unit and a shared interest in the building and common areas.

Monthly HOA assessments currently range from approximately $210 to $710 (as of July 2025), depending on unit size and ownership share.

These assessments fund the operation, maintenance, and long-term care of the building and community.

Here are the key things they cover:

• Reserve funding for future major repairs and replacements
• Common area property and liability insurance
• On-site security services
• Landscaping and exterior maintenance
• Pool maintenance and operations
• Common area cleaning and janitorial services
• Trash and waste services (excluding oversized items)
• Elevator maintenance and service contracts

As part of a mixed-use development, assessments also contribute to shared expenses within the broader Perkins Rowe community.

These shared expenses help maintain the building, protect property values, and support a consistent, high-quality living environment.

The Lofts uses a centralized chilled-water air conditioning system. Instead of individual A/C units, cooling is provided through a building-wide system.
Here are the key things to know:
Thermostats Are Not Owner-Owned
The thermostat in each unit is part of the building system and is owned and maintained by the chilled-water provider.
Do Not Replace or Modify the Thermostat
Thermostats may not be replaced, removed, or modified—including installation of smart or Wi-Fi thermostats.
Unauthorized Changes May Result in Charges
If a thermostat or meter is altered or removed, the chilled-water provider will reinstall an approved unit, and all associated costs will be charged to the homeowner.
Utility Billing
Chilled-water usage is billed directly to homeowners by SubmeterOne based on metered consumption.This system helps maintain consistent comfort throughout the building while reducing noise and minimizing equipment within individual units.

At Lofts, responsibility for windows and exterior doors is shared between the unit owner and the Association.

Because units differ in the number, size, and type of windows and doors, these components are not funded through shared assessments. This approach ensures costs are allocated fairly based on each unit’s specific features.

For example:

• Some units have multiple large, double-paned windows
• Others have only one smaller window
• Not all units include balcony doors

The unit owner is responsible for:

• The window or door unit itself, including glass and all operable components
• All maintenance, repair, and replacement of the window or door

The Association is responsible for:

• Structural framing surrounding the window or door opening
• Exterior maintenance, including painting and window washing

All window and exterior door replacements must be reviewed and approved by both the Lofts Association and the master property association using the designated vendor. This ensures consistency in the building’s exterior appearance and maintains overall performance standards. The Associations may also coordinate installation timing to minimize disruption to surrounding units and businesses.

• Building A and The Lofts are located in Flood Zone X. Supporting FEMA documentation can be provided upon request for lenders.
• All units are required to carry full Replacement Value insurance coverage, regardless of mortgage status.
• Minimum coverage requirements vary by unit size and interior finishes. Specific requirements are shared during the closing process.
• Insurance premiums vary by owner based on coverage selections and provider, so an average cost cannot be reliably estimated.

Owners are encouraged to consult directly with their insurance professional to ensure compliance with Association requirements and appropriate personal coverage.

The Association provides resale, insurance, and governing document information in connection with an active or pending transaction.

To ensure accuracy, privacy, and proper use of records, documentation is provided only to:

• Licensed real estate professionals representing a buyer or seller
• Current homeowners
• Mortgage lenders or closing professionals involved in a transaction

Documents are not distributed for general inquiry or informal review.

Prospective buyers should request all required Association documents through their real estate agent or lender as part of the purchase process. 

The Lofts at Perkins Rowe Homeowners Association does not participate in the marketing, listing, or sale of individual units. All condominium sales are handled independently by owners and their licensed real estate professionals.

Prospective buyers interested in viewing available residences should contact a licensed real estate agent of their choosing. The Association does not maintain or publish a list of units currently for sale.

The Lofts currently provides standard trash disposal services for residents. At this time, the community does not participate in a separate recycling program.

Residents are asked to follow established trash disposal guidelines to ensure the compactor and common areas remain clean, safe, and well maintained.

Lofts offers a range of residences designed to accommodate different living styles.

• Floor plans include studio, one-bedroom, and two-bedroom units
• Unit sizes range from approximately 429 to 1,795 square feet
• Monthly HOA assessments currently range from $210 to $710 (as of July 2025), depending on unit size and ownership share