{{titleBar.title}}

{{titleBar.tagline}}

 

 

Corpus Christi ALN apartments Sept. 2013Corpus Christi ALN apartments Sept. 2013https://www.recenter.tamu.edu/news/newstalk-texas/?Item=60752013-10-16T08:25:00Z2013-10-10T00:00:00Z

CORPUS CHRISTI - ALN Apartment Data has released the September 2013 apartment occupancy, effective rent data and more for apartments in the Corpus Christi market.

Corpus Christi Market Review
Corpus Christi Market Stabilized Market*
Sept.
2013
Annual
Change
Occupancy rate 95.5 -0.6%
Units added -61 -
Units absorbed (annual) -188 -
Average size (SF) 848 -0.7%
Asking rent $822 6.5%
Effective rent $821 7.0%
Effective rent per SF $0.97 7.9%
Offering concessions 5% -65.6%
Avg. concession package 4.2% -23.0%

*Stabilized market is everything in a market except for apartments in initial lease-up.

Floor Plan Breakdown - Corpus Christi
Plan Type % of
Market
Avg.
SF
Avg.
Market
Rent/Mo.
Avg.
Eff.
Rent/Mo.
Efficiency 3.0% 468 $631 $631
1 BR 39.6% 663 $716 $715
1 DEN 0.7% 767 $851 $851
2 BR 44.8% 943 $878 $876
2 DEN 0.5% 1,152 $868 $868
3 BR 9.8% 1,197 $961 $961
>3 BR 1.7% 1,326 $1,952 $1,952


Read more at ALN Market News. Check Corpus Christi NewsTalk Texas that's FREEĀ and NO ADVERTISING.

ALN Apartment Data
Corpus Christi
Multifamily
http://public.alndata.com/marketreview/crp6c1bf2b591.pdfRead more at {Source}

 Search NewsTalk Texas