Lubbock 2015 Student Housing Market Coldwell Banker | Lubbock 2015 Student Housing Market Coldwell Banker | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=10577 | 2015-09-22T05:00:00Z | 2015-09-22T15:00:00Z |
LUBBOCK - The 2015 Student Housing report has been released
by Coldwell Banker Commercial. The entire sample used two zones for the student housing
survey — Inside Overton and Outside Overton — a total of 325 acres. The entire sample set features 12,828 beds and 5.9 million sf, with the
smallest set containing 112 beds and the largest with 876 beds. Growth can be attributed to the increase of students attending Texas Tech
University, TTU Health Sciences Center, South Plains College at Reese Center,
Lubbock Christian University, Wayland Baptist University and several small
colleges enroll a total of over 55,000 students on their Lubbock campuses. The average rental in the Inside Overton zone is $1.45 per sf and Outside
Overton zone is $1.29 per sf. Average occupancy is at 96 percent and average rental rates fell from $1.37
to $1.33 this year. The Lubbock student housing market remains one of the
top-performing commercial real estate markets in West Texas.
Click here to see the full Lubbock
Student Housing Report. See the full commercial real estate report — Lubbock Market Trends 2015 Coldwell Banker Commercial, Rick Canup — under Lubbock Market Overview. | Coldwell Banker Commercial Lubbock
| Lubbock
| Multifamily
| http://www.cbclubbock.com/ | | | | Source: {Source} |