Feb 12, 2014
ALN Jan. 2013: Abilene, Amarillo, Corpus Christi, Lubbock
ABILENE, AMARILLO, CORPUS CHRISTI, LUBBOCK - ALN Apartment Data has released the January 2014 review of occupancy, effective rent and other data for many Texas cities. Read more at ALN...
ABILENE, AMARILLO, CORPUS CHRISTI, LUBBOCK – ALN Apartment Data has released the January 2014 review of occupancy, effective rent and other data for many Texas cities.
| Markets | Abilene | Amarillo | Corpus Christi | Lubbock |
| Occupancy rate | 88.9 | 90.8 | 94.6 | 91.3 |
| Units added | 0 | 0 | 179 | 205 |
| Units absorbed (annual) | -232 | 126 | 20 | 246 |
| Average size (SF) | 868 | 811 | 848 | 844 |
| Asking rent | $658 | $657 | $834 | $692 |
| Effective rent | $645 | $647 | $832 | $685 |
| Effective rent per SF | $0.74 | $0.80 | $0.98 | $0.81 |
| Offering concessions | 37% | 30% | 7% | 22% |
| Avg. concession package | 5.7% | 4.7% | 2.1% | 4.3% |
Read more at ALN Apartment Data.
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