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- LoopNet Team
1405 NW Johnson St
Portland, OR 97209
The Edge Lofts · Multifamily Property For Sale
·
124 Units
INVESTMENT HIGHLIGHTS
- Signage on exterior curtain wall available
- LEED Platinum Certification
- Up to 226 parking spaces available in the adjacent 4-story parking garage
- 37,849 SF, two-story Pearl District space with substantial covered parking and rooftop branding option
EXECUTIVE SUMMARY
Modern minimalism and sustainability merge at The Edge Lofts, an eleven-story mixed-use building with two floors of dedicated commercial space and a secure, covered parking garage. Located near Portland CBD in the stylish Pearl District, The Edge Lofts is only a few blocks walk to Portland’s MAX lightrail and Streetcar stops, allowing access to the city’s neighborhoods and amenities. Close to Interstate-405, connecting to Interstate-5 and Highway-26 in minutes. 123 residential condo units sit on floors five through eleven of the Edge Lofts building. In addition, the property benefits from its locale in the white-hot Pearl District, which has one of the highest multifamily growth rates of any Portland neighborhood, nearly doubling in size over the past decade.
PROPERTY FACTS
| No. Units | 124 | Building Size | 37,849 SF |
| Property Type | Multifamily | Average Occupancy | 0% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Mid-Rise | Year Built | 2004 |
| Building Class | A | Parking Ratio | 5.97/1,000 SF |
| Lot Size | 0.00 AC | APN / Parcel ID | R546805 |
| Zoning | EX, Portland | ||
| No. Units | 124 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | A |
| Lot Size | 0.00 AC |
| Building Size | 37,849 SF |
| Average Occupancy | 0% |
| No. Stories | 1 |
| Year Built | 2004 |
| Parking Ratio | 5.97/1,000 SF |
| APN / Parcel ID | R546805 |
| Zoning | EX, Portland |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Views
- Dock
- Skylights
SITE AMENITIES
- Picnic Area
- Property Manager on Site
- LEED Certified - Platinum
- Elevator
- Grocery Service
- Maintenance on site
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 1 | - | - |
| 1+1 | 123 | - | - |
SUSTAINABILITY
SUSTAINABILITY
LEED Certification Developed by the U.S. Green Building Council (USGBC), the Leadership in Energy and Environmental Design (LEED) is a green building certification program focused on the design, construction, operation, and maintenance of green buildings, homes, and neighborhoods, which aims to help building owners and operators be environmentally responsible and use resources efficiently. LEED certification is a globally recognized symbol of sustainability achievement and leadership. To achieve LEED certification, a project earns points by adhering to prerequisites and credits that address carbon, energy, water, waste, transportation, materials, health and indoor environmental quality. Projects go through a verification and review process and are awarded points that correspond to a level of LEED certification: Platinum (80+ points) Gold (60-79 points) Silver (50-59 points) Certified (40-49 points)
