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Amarillo ALN apartment May 2013Amarillo ALN apartment May 2013https://www.recenter.tamu.edu/news/newstalk-texas/?Item=71092013-06-12T13:37:00Z2013-06-12T00:00:00Z

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

Amarillo Market Review
Amarillo Market Stabilized Market*
May 2013 Annual
Change
Occupancy rate 90.8 -0.5%
Units added 41 -
Units absorbed (annual) -14 -
Average size (SF) 817 0.1%
Asking rent $652 1.8%
Effective rent $638 1.2%
Effective rent per SF $0.78 1.1%
Offering concessions 41% 50.5%
Avg. concession package 4.8% -19.0%

*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 2.4% 477 $477 $467
1 BR 44.9% 664 $564 $552
1 DEN 1.4% 770 $691 $673
2 BR 40.4% 947 $724 $711
2 DEN  0.6% 1,145 $969 $929
3 BR 9.3% 1,206 $806 $797
>3 BR 1.2% 1,302 $1,130 $1,121


Read more at ALN Market News.

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

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