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Amarillo ALN apartment March 2013Amarillo ALN apartment March 2013https://www.recenter.tamu.edu/news/newstalk-texas/?Item=77832013-04-04T07:36:00Z2013-04-04T00:00:00Z

AMARILLO - ALN Apartment Data released March apartment statistics in the Amarillo market.

Amarillo Market Review
Amarillo Market Same Store*
March 2013 Annual
Change
Occupancy rate 91.0 -0.7%
Units added 41 -
Units absorbed (annual) -32 -
Average size (SF) 817 0%
Asking rent $652 1.1%
Effective rent $637 0.8%
Effective rent per SF $0.78 0.8%
Offering concessions 37% 9.5%
Avg. concession package 5.7% 6.3%

*Same store 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 $468 $462
1 BR 45.0% 664 $564 $550
1 DEN 1.4% 770 $694 $676
2 BR 40.4% 947 $730 $716
2 DEN  0.6% 1,145 $989 $948
3 BR 9.0% 1,208 $810 $800
>3 BR 1.2% 1,302 $1,115 $1,110


Read more at ALN Market News.

ALN Apartment Data
Amarillo
Multifamily
http://public.alndata.com/marketreview/ama2c07a5ee0f.pdfRead more at {Source}

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