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ALN Abilene apartment market May 2014ALN Abilene apartment market May 2014https://www.recenter.tamu.edu/news/newstalk-texas/?Item=38862014-06-18T07:18:00Z2014-06-18T00:00:00Z

ABILENE - ALN Apartment Data has released May 2014 apartment occupancy, effective rent data and more for apartments in the Abilene market.

Abilene Market Review
Abilene Stabilized Market*
May 2014 Annual
Change
Occupancy rate 91.6 0.9%
Units added 0 -
Units absorbed (annual) 59 -
Average size (SF) 869 0.1%
Asking rent $661 0.7%
Effective rent $652 0.9%
Effective rent per SF $0.75 0.3%
Offering concessions 26% 0%
Avg. concession package 5.4% -2.0%

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

Floor Plan Breakdown - Abilene
Plan Type % of
Market
Avg.
SF
Avg.
Market
Rent/Mo.
Avg.
Eff.
Rent/Mo.
Efficiency 2.5% 468 $489 $481
1 BR 35.0% 655 $549 $539
1 DEN 2.5% 818 $668 $652
2 BR 46.5% 973 $706 $695
2 DEN 0.1% 1,296 $570 $570
3 BR 12.6% 1,273 $928 $915
>3 BR 0.8% 995 $1,453 $1,453


Read more at ALN Market News.

For more stats, see Multifamily under Abilene Market Data Sources.

ALN Apartment Data
Abilene
Multifamily
http://alndata.com/market_news.phpRead more at {Source}

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