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ALN Abilene, Amarillo, Corpus Christi, Lubbock apartmentALN Abilene, Amarillo, Corpus Christi, Lubbock apartmenthttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=22032014-12-12T09:54:00Z2014-12-12T07:12:00Z

ABILENE, AMARILLO, CORPUS CHRISTI, LUBBOCK - ALN Apartment Data has released the November 2014 review of occupancy, effective rent and other data for many Texas cities.

*Stabilized Market Nov. 2014
 Markets Abilene Amarillo Corpus
Christi
Lubbock
Occupancy rate 93.2 90.3 93.8 93.6
Units added 0 0 228 521
Units absorbed (annual) 41 -152 56 152
Average size (SF) 869 811 849 847
Asking rent $676 $673 $871 $707
Effective rent $669 $660 $864 $703
Effective rent per SF $0.77 $0.81 $1.02 $0.83
Offering concessions 23% 33% 16% 13%
Avg. concession package 4.2% 4.9% 4.1% 5.1%


*Stabilized market is everything in a market except for apartments in initial lease-up.

Read more at ALN Apartment Data.

For more ALN stories from other cities, see NewsTalk Texas.

Tag: Texas apartment

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