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ALN Amarillo apartments May 2014ALN Amarillo apartments May 2014https://www.recenter.tamu.edu/news/newstalk-texas/?Item=38872014-06-18T14:46:00Z2014-06-18T00:00:00Z

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

Amarillo Market Review
Amarillo Market Stabilized Market*
May
2014
Annual
Chg.
Occupancy rate 91.6 0.8%
Units added 0 -
Units absorbed (annual) 85 -
Average size (SF) 811 0%
Asking rent $664 2.2%
Effective rent $655 3.1%
Effective rent per SF $0.81 3.2%
Offering concessions 25% -38.5%
Avg. concession package 5.4% 11.2%

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

Floor Plan Breakdown - Amarillo
Plan Type % of
Market
Avg.
SF
Avg.
Market
Rent/Mo.
Avg.
Eff.
Rent/Mo.
Efficiency 2.5% 477 $489 $482
1 BR 45.1% 663 $584 $576
1 DEN 1.3% 768 $692 $677
2 BR 39.7% 944 $733 $724
2 DEN 1.1% 917 $831 $831
3 BR 9.2% 1,209 $803 $796
>3 BR 1.1% 1,303 $1,132 $1,132


Read more at ALN Market News.

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

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

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