Drakes Pond Property Data

Drakes Pond Multifamily Property Details

Drakes Pond is a multifamily property located at 555 South Drake Road in Kalamazoo - Westside, Grand Rapids. Built in 1987, the property features 497 units, of the following types: One Bedroom, Three Bedroom/Two Bath, Two Bedroom/One Bath, Two Bedroom/Two Bath, totaling 498,400 SqFt.

Property Unit Breakdown

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

Rental Rate History

Evaluate the historical rental rates of the Drakes Pond 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