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Amarillo ALN apartment July 2013Amarillo ALN apartment July 2013https://www.recenter.tamu.edu/news/newstalk-texas/?Item=66302013-08-08T09:23:00Z2013-08-08T00:00:00Z

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

Amarillo Market Review
Amarillo Market Stabilized Market*
July 2013 Annual
Change
Occupancy rate 91.0 0.1%
Units added 41 -
Units absorbed (annual) 50 -
Average size (SF) 816 0.5%
Asking rent $650 1.2%
Effective rent $636 0.9%
Effective rent per SF $0.78 0.5%
Offering concessions 45% 61.1%
Avg. concession package 4.8% -51.5%

*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 $469 $454
1 BR 45.0% 664 $566 $552
1 DEN 1.4% 770 $669 $643
2 BR 40.4% 947 $723 $708
2 DEN 0.6% 1,145 $969 $888
3 BR 9.1% 1,212 $806 $796
>3 BR 1.1% 1,303 $1,136 $1,117


Read more at ALN Market News.

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

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