The apartment appears to be brand new, and is located within easy walking distance to the major historical sites of Bologna.
It is a quick cab ride from the train station to the apartment and about 25 minutes from the airport by cab.
The management was very easy to work with - we arrived early in the morning as we only had 2 days, and they kindly let us leave our bags in the office until check in. They also recommended restaurants and made cab reservations for us, as well as answering our questions quickly.
The apartment is a bit odd layout-wise. The open kitchen and living/dining room, as well as one large bathroom (with a washing machine and large shower) are located downstairs. The two bedrooms and the second bath are upstairs. There's an elevator to get to the apartment, but be aware that there is a short flight of steps from the landing of the elevator to the apartment door, as well as the stairs to the bedrooms.
The food of Bologna is legendary, and there are tons of restaurants and shops selling fresh pasta, cheese, fruit, etc., near the apartment. There's a small grocery store across the street, as well.
Overall, this is a great option for two couples or a family group.