ARA: San Antonio multifamily 4Q 2014ARA: San Antonio multifamily 4Q 2014https://www.recenter.tamu.edu/news/newstalk-texas/?Item=15812015-03-03T11:43:00Z2015-03-03T08:15:00Z

SAN ANTONIO - ARA Real Estate Investment Services released its fourth quarter 2014 multifamily data. The ARA report includes "Historic Fundaments" from 2002–2014 — total units, new supply, absorption, occupancy, average rental rate and more.

A sample of other information is below.

Occupancy and Rental Rates
Class Occ. Average
Class A 94.0% $1,115 $1.22
Class B 93.5% $1,014 $1.09
Class C 92.2% $689 $0.89


Cap Rates
Class Q4 2014
Urban Class "A"  5.00%–5.50%
Suburban Class "A"  5.25%–5.75%
Class "B" 5.75%–6.75%

Source: ARA Real Estate Investment Services

See ARA's 4Q 2014 full report here.

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