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ALN Lubbock apartment data June 2015ALN Lubbock apartment data June 2015https://www.recenter.tamu.edu/news/newstalk-texas/?Item=3432015-07-17T10:22:00Z2015-07-17T08:00:00Z

LUBBOCK - ALN Apartment Data released June 2015 apartment occupancy, effective rent and more data for apartments.

Lubbock Market Review
Lubbock Market General Overview
June
2015
Annual
Chg.
Occupancy 92.0 0.8%
Units added 108 -
Units absorbed (annual) 353 -
Average size (SF) 847 0.1%
Asking rent $718 2.7%
Effective rent $715 3.0%
Effective rent per SF $0.84 3.1%
Offering concessions 16% 7.7%
Avg. concession package 3.4% -42.1%

 

Floor Plan Breakdown - Lubbock
Plan Type %  of
Market
Avg.
SF
Avg.
Market
Rent/Mo.
Avg.
Eff.
Rent/Mo.
Efficiency 2.9% 391 $497 $497
1 BR 39.3% 668 $655 $653
1 DEN 0.0% 755 $640 $640
2 BR 37.9% 954 $827 $825
3 BR 12.7% 1,249 $1,106 $1,103
>3 BR 7.3% 1,553 $1,983 $1,983


Read more at ALN Market News.

ALN Apartment Data
Lubbock
Multifamily
http://www.alndata.com/market-news/Read more at {Source}

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