{{titleBar.title}}

{{titleBar.tagline}}

 

 

Beaumont apartment overview Oct. 2014Beaumont apartment overview Oct. 2014https://www.recenter.tamu.edu/news/newstalk-texas/?Item=21232014-12-19T11:49:00Z2014-12-19T07:00:00Z

BEAUMONT - Apartment MarketData Research Services LLC has released October 2014 data. The multifamily market data represent three months trailing (August–October 2014).

As a rule these represent all properties except those that are leased but not occupied units.

Multihousing Market Condition Comparison Aug.–Oct. 2014
Age
Group
Beaumont Texas
Units Occ. Rate* Size** Units Occ. Rate* Size**
< 1970 2,030 94.6% $0.778 824 132,294 96.4% $0.852 832
1970's 5,042 92.4% $0.766 838 383,819 95.8% $0.841 818
1980's 4,930 96.7% $0.857 751 488,257 96.9% $0.928 780
1990's 1,840 96.8% $0.775 880 226,024 97.4% $1.080 922
2000's 4,733 96.2% $0.940 924 366,007 97.4% $1.046 963
2010's 831 96.4% $0.713 924 70,963 97.2% $1.194 927
Totals 19,406 95.2% $0.833 843 1,667,364 96.8% $0.966 859


*Rate: Rental Rate is the average market rate expressed as ($/SF/month).
**Size: The average size of each unit expressed as (SF/unit).

Click to see the full October 2014 Beaumont Multihousing Market Conditions Report, including previous data.

Source: Apartment MarketData Research Services LLC, San Antonio

tag: Texas apartment

Company News Release
Beaumont-Port Arthur
Multifamily
Read more at {Source}

 Search NewsTalk Texas