Dec 12, 2012
Abilene ALN apartment data Nov. 2012
ABILENE - ALN Apartment Data has released November data for apartments in the Abilene market. *Same store is everything in a market except for apartments in initial lease-up. Read more...
ABILENE – ALN Apartment Data has released November data for apartments in the Abilene market.
| Abilene Market | Same Store* | |
| Nov. 2012 | Annual Change | |
| Occupancy rate | 92.8 | 0.9% |
| Units added | 405 | 40,400.0% |
| Units absorbed (annual) | 424 | -2,259.5% |
| Average size (SF) | 869 | 4.9% |
| Asking rent | $641 | 5.8% |
| Effective rent | $635 | 7.7% |
| Effective rent per SF | $0.73 | 2.6% |
| % Offering concessions | 18% | -54.6% |
| Avg. concession package | 4.3% | -24.4% |
*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 | 2.5% | 468 | $490 | $490 |
| 1 BR | 35.2% | 649 | $530 | $522 |
| 1 DEN | 2.0% | 817 | $615 | $591 |
| 2 BR | 46.8% | 966 | $688 | $678 |
| 2 DEN | 0.1% | 1,296 | $570 | $523 |
| 3 BR | 12.7% | 1,245 | $907 | $884 |
| >3 BR | 0.7% | 908 | $1,667 | $1,658 |
Read more at ALN Market News.
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