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ALN spotlights Abilene apartments Sept. 2014ALN spotlights Abilene apartments Sept. 2014https://www.recenter.tamu.edu/news/newstalk-texas/?Item=27912014-10-14T13:02:00Z2014-10-14T00:00:00Z

ABILENE - ALN has released a Spotlight on Smaller Texas Markets report for September 2014.

While Abilene struggled to maintain occupancy towards the end of 2013, the market has performed better in 2014.

Though January was a rough month with a net loss of 154 rented units, the region has rebounded and seen net occupancy climb from the low of 88.7 percent in January to the current 90.4 percent.

At $671 per unit, rents have only climbed 2.0 percent so far in 2014.

Lubbock Apartment Data*
12-Month Statistics
  Occupancy Effective Rent
Submarket Aug. 13 Aug. 14 Change Absorp. Aug. 13 Aug. 14 Change
Central 92.9% 89.1% -4.1% -52 $558 $569 1.9%
Northside 82.0% 95.1% 16.0% 57 $734 $790 7.6%
Southside 88.9% 90.5% 1.8% 81 $655 $679 3.7%
Totals 89.4% 90.4% 1.2% 74 $641 $662 3.3%

* Does not include Senior/Student/Income Restricted

See Abilene Market Data Sources for more multifamily data.

ALN Apartment Data
Abilene
Multifamily
https://www.recenter.tamu.edu/Pages/market-research.aspxRead more at {Source}

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