The Preserves Property Data

The Preserves Multifamily Property Details

The Preserves is a multifamily property located at 3737 Cherry Creek Lane in Sterling Heights, Detroit. Built in 2006, the property features 496 units, of the following types: One Bedroom, Three Bedroom/One and Three Quarter Bath, Three Bedroom/Townhouse/One and Three Quarter Bath, Three Bedroom/Townhouse/Two and One Half Bath, Two Bedroom/Den/One and Three Quarter Bath, Two Bedroom/Den/Two Bath, Two Bedroom/One and Three Quarter Bath, Two Bedroom/Townhouse/Den/Two Bath, Two Bedroom/Townhouse/One and One Half Bath, Two Bedroom/Townhouse/One and Three Quarter Bath, Two Bedroom/Townhouse/Two and One Half Bath, Two Bedroom/Two Bath, totaling 623,682 SqFt.

Property Unit Breakdown

Leverage Yardi Matrix’s property data to learn more about the The Preserves 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 The Preserves’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 The Preserves multifamily property with Yardi Matrix’s proprietary data on occupancy and vacancy rates.

Rental Rate History

Evaluate the historical rental rates of the The Preserves 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