River Place Luxury Property Data

River Place Luxury Multifamily Property Details

River Place Luxury is a multifamily property located at 500 River Place Drive in Detroit - Downtown, Detroit. Built in 1908, the property features 301 units, of the following types: One Bedroom, One Bedroom/Townhouse/One and One Half Bath, Penthouse - Three Bedroom/One and Three Quarter Bath, Penthouse - Two Bedroom/One Bath, Penthouse - Two Bedroom/Two and One Half Bath, Two Bedroom/One and Three Quarter Bath, Two Bedroom/One Bath, Two Bedroom/Townhouse/Two Bath, totaling 329,750 SqFt.

Property Unit Breakdown

Leverage Yardi Matrix’s property data to learn more about the River Place Luxury multifamily property’s unit mix, rent per unit, rent per square foot, unit types and their distribution, square footage, and more.

Sales and Loans

Evaluate River Place Luxury’s sales history and the loan information associated with it using Yardi Matrix’s comprehensive data on sale price, price per unit, price per square foot, loan type, loan origination and maturity date, buyer/seller information, and more.

Occupancy History

Benchmark the long-term performance of the River Place Luxury multifamily property with Yardi Matrix’s proprietary data on occupancy and vacancy rates.

Rental Rate History

Evaluate the historical rental rates of the River Place Luxury apartment building and assess property-specific actionable insights that drive value and help you perform preliminary underwriting. In addition, Yardi Matrix enables real estate market professionals to leverage historical rent data to determine regional rental trends and to adopt a pricing strategy to maximize occupancy rate and revenue.

Area Map