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Amarillo ALN apartment Oct. 2012Amarillo ALN apartment Oct. 2012https://www.recenter.tamu.edu/news/newstalk-texas/?Item=91192012-11-05T07:22:00Z2012-11-05T00:00:00Z

AMARILLO - ALN Apartment Data has released October data for apartments in the Amarillo market.

Amarillo Market Review
Amarillo Market Same Store*
Oct. 2012 Annual
Change
Occupancy rate 91.6 0.4%
Units added 0 -100.0%
Units absorbed (annual) 38 -54.0%
Average size (SF) 814 -0.1%
Asking rent $649 2.9%
Effective rent $640 3.6%
Effective rent per SF $0.79 3.7%
Offering concessions 27% -28.4%
Avg. concession package 5.7% 1.5%


*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 3.0% 483 $476 $473
1 BR 46.0% 662 $561 $552
1 DEN 1.4% 770 $703 $696
2 BR 40.4% 948 $723 $715
2 DEN 0.6% 1,145 $1,069 $1,069
3 BR 7.9% 1,207 $791 $780
>3 BR 0.6% 1,363 $746 $746


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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