The apartment is in perfect location - just a walking distance from city centre with lots of bars and restaurants nearby. There is a lot of room in it and beds are very comfortable. Me and my friends were staying for only 1 night so we didn't miss anything and since it was a weekday the noise from the street was barely noticable.
A key point for those travelling with a car: parking on the street in the central Riga is quite expensive so either you will have to find a parking lot or look for free parking somewhere away from apartment.