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Abilene ALN apartment data Jan. 2014Abilene ALN apartment data Jan. 2014https://www.recenter.tamu.edu/news/newstalk-texas/?Item=49372014-02-17T14:05:00Z2014-02-17T00:00:00Z

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

Abilene Market Review
Abilene Market Stabilized Market*
Jan. 
2014
Annual
Chg.
Occupancy rate 88.9 -3.8%
Units added 0 -
Units absorbed (annual) -229 -
Average size (SF) 868 -0.2%
Asking rent  $658 2.6%
Effective rent  $645 1.6%
Effective rent per SF $0.74 1.2%
Offering concessions 37% 105.3%
Avg. concession package 5.7% 8.3%

*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 $475
1 BR 35.0% 655 $540 $524
1 DEN 2.5% 818 $644 $634
2 BR 46.9% 973 $701 $687
2 DEN 0.1% 1,296 $570 $570
3 BR 12.2% 1,275 $936 $917
>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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