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Corpus Christi ALN apartments Feb. 2013Corpus Christi ALN apartments Feb. 2013https://www.recenter.tamu.edu/news/newstalk-texas/?Item=80252013-03-06T07:36:00Z2013-03-06T06:40:00Z

CORPUS CHRISTI - ALN Apartment Data has released February data for apartments in the Corpus Christi market.

Corpus Christi Market Review
Corpus Christi Market Same Store*
Feb. 2013 Annual
Change
Occupancy rate 95.2 2.3%
Units added 246 -
Units absorbed (annual) 697 -
Average size (SF) 853 -0.8%
Asking rent $779 5.1%
Effective rent $773 6.0%
Effective rent per SF $0.91 6.9%
Offering concessions 18% -45.9%
Avg. concession package 4.4% -13.0%


*Same store 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 2.9% 469 $608 $606
1 BR 39.7% 664 $672 $668
1 DEN 0.7% 767 $807 $807
2 BR 44.9% 943 $838 $832
2 DEN 0.5% 1,152 $851 $832
3 BR 9.7% 1,199 $939 $931
>3 BR 1.7% 1,326 $1,898 $1,884


Read more at ALN Market News.

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

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