I live in a five-storey apartment building in a pretty decent area of town. No broken down cars, not much crime, quiet, Tesco just up the road, and a modest amount of graffiti. My apartment is what you would call a 'penthouse'; top-floor, balcony out front, terrace out back. It's not a bad place to live.
Last year I got some new neighbours directly below me. I didn't have many problems with them until a couple of weeks later.