Aug 8, 2013
Abilene ALN apartment data July 2013
ABILENE - ALN Apartment Data has released the July 2013 apartment occupancy, effective rent data and more for apartments in the Abilene market. *Stabilized market is everything in a market...
ABILENE – ALN Apartment Data has released the July 2013 apartment occupancy, effective rent data and more for apartments in the Abilene market.
| Abilene Market | Stabilized Market* | |
| July 2013 | Annual Change | |
| Occupancy rate | 89.9 | -3.4% |
| Units added | 0 | – |
| Units absorbed (annual) | -205 | – |
| Average size (SF) | 871 | 0.2% |
| Asking rent | $661 | 3.7% |
| Effective rent | $647 | 2.4% |
| Effective rent per SF | $0.74 | 1.4% |
| Offering concessions | 28% | 75.9% |
| Avg. concession package | 6.2% | 17.5% |
*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 | 2.6% | 468 | $477 | $469 |
| 1 BR | 35.2% | 652 | $545 | $535 |
| 1 DEN | 2.6% | 818 | $660 | $648 |
| 2 BR | 46.9% | 973 | $707 | $695 |
| 2 DEN | 0.1% | 1,296 | $570 | $523 |
| 3 BR | 12.1% | 1,281 | $950 | $934 |
| >3 BR | 0.6% | 873 | $1,636 | $1,636 |
Read more at ALN Market News.
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