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Abilene ALN apartment data Feb. 2014Abilene ALN apartment data Feb. 2014https://www.recenter.tamu.edu/news/newstalk-texas/?Item=46912014-03-10T07:52:00Z2014-03-10T00:00:00Z

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

Abilene Market Review
Abilene Market Stabilized Market*
Feb. 
2014
Annual
Chg.
Occupancy rate 88.7 -3.7%
Units added 0 -
Units absorbed (annual) -222 -
Average size (SF) 868 0%
Asking rent $673 4.4%
Effective rent $658 3.0%
Effective rent per SF $0.75 2.3%
Offering concessions 40% 87.5%
Avg. concession package 6.1% 24.3%

*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 $471
1 BR 35.0% 655 $540 $522
1 DEN 2.5% 818 $651 $638
2 BR 46.9% 973 $700 $685
2 DEN 0.1% 1,296 $570 $531
3 BR 12.2% 1,275 $1,036 $1,015
>3 BR 0.8% 995 $1,453 $1,453


Read more at ALN Market News.

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

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