Dec 15, 2014
ALN Amarillo apartments Nov. 2014
AMARILLO - ALN Apartment Data has released November 2014 apartment occupancy, effective rent data and more for apartments in the Amarillo market. *Stabilized Market is everything in a market except...
AMARILLO – ALN Apartment Data has released November 2014 apartment occupancy, effective rent data and more for apartments in the Amarillo market.
| Amarillo Market | Stabilized Market* | |
| Nov. 2014 | Annual Chg. | |
| Occupancy rate | 90.3 | -1.5% |
| Units added | 0 | |
| Units absorbed (annual) | -152 | |
| Average size (SF) | 811 | 0% |
| Asking rent | $673 | 2.6% |
| Effective rent | $660 | 2.3% |
| Effective rent per SF | $0.81 | 2.4% |
| Offering concessions | 33% | -4.5% |
| Avg. concession package | 4.9% | 4.1% |
*Stabilized Market is everything in a market except for apartments in initial lease-up.
| Plan Type | % of Market | Avg. SF | Avg. Market Rent/Mo. | Avg. Eff. Rent/Mo. |
| Efficiency | 2.4% | 472 | $493 | $487 |
| 1 BR | 45.5% | 663 | $589 | $579 |
| 1 DEN | 1.3% | 768 | $683 | $669 |
| 2 BR | 39.4% | 944 | $745 | $732 |
| 2 DEN | 1.1% | 917 | $831 | $811 |
| 3 BR | 9.2% | 1,209 | $824 | $813 |
| >3 BR | 1.1% | 1,303 | $1,165 | $1,147 |
Read more at ALN Market News.
For more stats, see Multifamily under Amarillo Market Data Sources.
Tag: Texas apartment
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