Cute but kinda crappy?
Pros
Nice area, small building so it was easy to get to know the other tenants, and the apartments were decently sized.
Cons
Pests, not well maintained, a lot of maintenence issues, and issues with ceiling leaking. HUGE CON: there was a fight between other tenants and the landlord never cleaned the blood off of the hallyway walls. Maybe he did eventually but it was there for months.
Advice to the owners
Put some of your money back into the building to bring it up to its full potential, have better communication with tenants, and start regular upkeep.