LUBBOCK - ALN has released a Spotlight on Smaller Texas Markets report for September 2014.
At the beginning of the year, average occupancy in Lubbock was 91.3 percent. It has dropped a full percentage point to 90.3 percent since then, representing a net loss of 300 rented units.
Effective rents, however, gained $18 to $698 per unit in 2014.
* Does not include Senior/Student/Income Restricted
Click here for the full report. See Lubbock Market Data Sources for more multifamily data.
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