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Amarillo apartment market overview Oct. 2014Amarillo apartment market overview Oct. 2014https://www.recenter.tamu.edu/news/newstalk-texas/?Item=22102014-12-12T10:17:00Z2014-12-12T00:00:00Z

AMARILLO - 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
Amarillo Texas
Units Occ. Rate Size Units Occ. Rate Size
< 1970 1,858 95.2% $0.793 785 132,294 96.4% $0.852 832
1970's 4,266 90.8% $0.735 788 383,819 95.8% $0.841 818
1980's 4,743 96.1% $0.857 753 488,257 96.9% $0.928 780
1990's 414 94.9% $0.816 811 226,024 97.4% $1.080 922
2000's 2,356 98.3% $0.822 919 366,007 97.4% $1.046 963
2010's 643 96.9% $0.603 1,044 70,963 97.2% $1.194 927
Totals* 14,280 94.7% $0.791 810 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).
*Totals include four-bedroom units.

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

Source: Apartment MarketData Research Services LLC, San Antonio

tag: apartment research

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