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Amarillo ALN apartment Sept. 2013Amarillo ALN apartment Sept. 2013https://www.recenter.tamu.edu/news/newstalk-texas/?Item=58992013-10-28T09:37:00Z2013-10-28T07:00:00Z

AMARILLO - ALN Apartment Data has released September 2013 apartment occupancy and effective rent data for apartments in the Amarillo market.

Amarillo Market Review
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.

Floor Plan Breakdown - Amarillo
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.

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

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