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Corpus Christi ALN apartments Jan. 2013Corpus Christi ALN apartments Jan. 2013https://www.recenter.tamu.edu/news/newstalk-texas/?Item=82872013-02-11T10:24:00Z2013-02-11T00:00:00Z

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

Corpus Christi Market Review
Corpus Christi Market Same Store*
Jan. 2013 Annual
Change
Occupancy rate 95.2 1.9%
Units added -4 -106.7%
Units absorbed (annual) 377 -22.5%
Average size (SF) 853 -0.9%
Asking rent $777 4.8%
Effective rent $771 6.4%
Effective rent per SF $0.90 7.4%
Offering concessions 17% -50.9%
Avg. concession package 4.7% -24.7%


*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 3.1% 469 $613 $612
1 BR 40.0% 666 $671 $668
1 DEN 0.7% 767 $792 $792
2 BR 44.6% 947 $845 $840
2 DEN 0.6% 1,152 $851 $832
3 BR 9.4% 1,205 $947 $936
>3 BR 1.7% 1,326 $1,898 $1,879


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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