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The Residences at Book Tower apartments in Detroit, MI

Updated

The Residences at Book Tower

1265 Washington Blvd Suite #200, Detroit, MI 48226

Live pricing, refreshed

11
Units Listed
$2,035
Starting at
$2,940
Average
$4,255
Highest
$3.34
Per Sq Ft

How does this compare? View Detroit, MI rent trends

Beds

Pricing by Bedroom

1 Bed
$2,541
from $2,035 · 8 units
~769 sqft avg
2 Bed
$4,003
from $3,650 · 3 units
~1,180 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Window

Property Price Trend

Units with Price Changes (8)

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).

Est. Monthly Revenue

$775K

$9.3M annual run rate

Modeled estimate

Est. Occupancy

96%

of about 264 units (modeled from leasing activity)

Effective Rent on New Leases

$3,064

vs $2,940 current asking

Recent Lease Activity

44 units tracked; 33 assumed leased, 11 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

11

Moderate availability

11 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Limited leverage

High demand property with less room to negotiate on price.

Price vs. Detroit, MI

Citywide

Showing citywide comparison (not enough Detroit, MI properties tagged with "Midtown" for a local match). Click any bar to view that building.

Available Units

11 units
1 Bed / 1 Bath G
$2,035/mo
627 ft² · $3.25/ft\u00B2 · #1
1 Bed / 1 Bath H2
$2,140/mo
643 ft² · $3.33/ft\u00B2 · #2
1 Bed / 1 Bath N2
$2,145/mo
752 ft² · $2.85/ft\u00B2 · #4
1 Bed / 1 Bath M2
$2,510/mo
741 ft² · $3.39/ft\u00B2 · #3
1 Bed / 1.5 Bath Q2
$2,510/mo
777 ft² · $3.23/ft\u00B2 · #6
1 Bed / 1 Bath O
$2,570/mo
752 ft² · $3.42/ft\u00B2 · #5
1 Bed / 1.5 Bath R2
$3,125/mo
944 ft² · $3.31/ft\u00B2 · #7
1 Bed / 1.5 Bath R3
$3,290/mo
916 ft² · $3.59/ft\u00B2 · #8
2 Bed / 2 Bath S A
$3,650/mo
1,083 ft² · $3.37/ft\u00B2 · #9
2 Bed / 2 Bath T
$4,105/mo
1,210 ft² · $3.39/ft\u00B2 · #10

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Detroit, MI notes

No resident notes for this property yet.

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