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ALN Amarillo apartment market Jan. 2014ALN Amarillo apartment market Jan. 2014https://www.recenter.tamu.edu/news/newstalk-texas/?Item=49542014-02-19T10:39:00Z2014-02-13T00:00:00Z

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

Amarillo Market Review
Amarillo Market Stabilized Market*
Jan.
2014
Annual
Chg.
Occupancy rate 90.8 1.2%
Units added 0 -
Units absorbed (annual) 126 -
Average size (SF) 811 0%
Asking rent $657 1.5%
Effective rent $647 1.7%
Effective rent per SF $0.80 1.7%
Offering concessions 30% -15%
Avg. concession package 4.7% 0.9%

*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 $483 $474
1 BR 45.5% 662 $573 $565
1 DEN 1.5% 763 $683 $660
2 BR 39.7% 944 $728 $720
2 DEN 0.6% 1,145 $994 $994
3 BR 9.2% 1,209 $794 $781
>3 BR 1.1% 1,303 $1,127 $1,118


Read more at ALN Market News.

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

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