Oct 28, 2013
Amarillo ALN apartment Sept. 2013
AMARILLO - ALN Apartment Data has released September 2013 apartment occupancy and effective rent data for apartments in the Amarillo market. *Stabilized Market is everything in a market except for...
AMARILLO – ALN Apartment Data has released September 2013 apartment occupancy and effective rent data for apartments in the Amarillo market.
| Amarillo Market | Stabilized Market* | |
| Sept. 2013 | Annual Change | |
| Occupancy rate | 90.7 | -0.5% |
| Units added | -56 | – |
| Units absorbed (annual) | -103 | – |
| Average size (SF) | 812 | 0.5% |
| Asking rent | $655 | 1.4% |
| Effective rent | $647 | 2.1% |
| Effective rent per SF | $0.80 | 1.7% |
| Offering concessions | 32% | 0% |
| Avg. concession package | 4.0% | -38.3% |
*Stabilized Market is everything in a market except for apartments in initial lease-up.
| Plan Type | % of Market | Avg. SF | Avg. Market Rent/Mo. | Avg. Eff. Rent/Mo. |
| Efficiency | 2.5% | 477 | $473 | $469 |
| 1 BR | 45.5% | 664 | $572 | $564 |
| 1 DEN | 1.5% | 763 | $736 | $728 |
| 2 BR | 39.7% | 944 | $724 | $717 |
| 2 DEN | 0.6% | 1,145 | $939 | $939 |
| 3 BR | 9.2% | 1,209 | $802 | $799 |
| >3 BR | 1.1% | 1,303 | $1,130 | $1,130 |
Read more at ALN Market News.
Did you like this NewsTalk?
You might also like
PUBLISHED SINCE 1977
TG Magazine
Check out the latest issue of our flagship publication.