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ALN Amarillo apartment market Feb. 2014ALN Amarillo apartment market Feb. 2014https://www.recenter.tamu.edu/news/newstalk-texas/?Item=46922014-03-10T06:48:00Z2014-03-10T00:00:00Z

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

Amarillo Market Review
Amarillo Market Stabilized Market*
Feb.
2014
Annual
Chg.
Occupancy rate 91.1 1.0%
Units added 0 -
Units absorbed (annual) 106 -
Average size (SF) 811 0%
Asking rent $658 1.2%
Effective rent $650 2.5%
Effective rent per SF $0.80 2.6%
Offering concessions 29% -28.0%
Avg. concession package 5.0% -17.9%

*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 $487 $471
1 BR 45.5% 663 $575 $568
1 DEN 1.0% 823 $720 $711
2 BR 39.7% 944 $728 $721
2 DEN 1.1% 917 $819 $796
3 BR 9.2% 1,209 $795 $784
>3 BR 1.1% 1,303 $1,132 $1,132


Read more at ALN Market News.

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

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