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The Plaza at Lamberton apartments in Grand Rapids, MI

Updated

The Plaza at Lamberton

3118 1/2, Plaza Dr NE, Grand Rapids, MI 49525

5 (16 reviews) Official Website

Live pricing, refreshed

3
Units Listed
$1,499
Starting at
$1,704
Average
$1,831
Highest
$1.73
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Grand Rapids, MI rent trends

Beds

Pricing by Bedroom

1 Bed
$1,499
from $1,499 · 1 units
~895 sqft avg
2 Bed
$1,806
from $1,781 · 2 units
~1,031 sqft avg

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Window

Property Price Trend

Units with Price Changes (4)

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

$46K

$548K annual run rate

Modeled estimate

Est. Occupancy

90%

of about 30 units (modeled from leasing activity)

Effective Rent on New Leases

$1,537

vs $1,704 current asking ($167 negotiation gap)

Recent Lease Activity

5 units tracked; 2 assumed leased, 3 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

3

Limited availability

2 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. Grand Rapids, MI

Citywide

Showing citywide comparison (not enough Grand Rapids, MI properties tagged with "Grand Rapids 49525" for a local match). Click any bar to view that building.

Available Units

3 units
1 Bed / 1 Bath The Mallard
$1,499/mo
895 ft² · $1.67/ft\u00B2 · #3
2 Bed / 2 Bath The Crane
$1,781/mo
1,031 ft² · $1.73/ft\u00B2 · #1
2 Bed / 2 Bath The Crane
$1,831/mo
1,031 ft² · $1.78/ft\u00B2 · #2

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 Grand Rapids, MI notes

No resident notes for this property yet.

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