Mar 5, 2013
Abilene ALN apartment data Feb. 2013
ABILENE - ALN Apartment Data released February statistics for apartments in the Abilene market. *Same store is everything in a market except for apartments in initial lease-up. Read more at...
ABILENE – ALN Apartment Data released February statistics for apartments in the Abilene market.
| Abilene Market | Same Store* | |
| Feb. 2013 | Annual Change | |
| Occupancy rate | 92.1 | 2.5% |
| Units added | 405 | – |
| Units absorbed (annual) | 504 | – |
| Average size (SF) | 871 | 5.2% |
| Asking rent | $646 | 6.4% |
| Effective rent | $640 | 8.8% |
| Effective rent per SF | $0.74 | 3.4% |
| Offering concessions | 22% | -51.4% |
| Avg. concession package | 4.6% | -23.0% |
*Same store 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 | $473 | $473 |
| 1 BR | 35.2% | 649 | $533 | $526 |
| 1 DEN | 2.5% | 818 | $674 | $655 |
| 2 BR | 46.7% | 967 | $691 | $684 |
| 2 DEN | 0.1% | 1,296 | $570 | $523 |
| 3 BR | 12.4% | 1,252 | $909 | $903 |
| >3 BR | 0.6% | 873 | $1,636 | $1,636 |
Read more at ALN Market News.
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