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Abilene ALN apartment data Oct. 2012Abilene ALN apartment data Oct. 2012https://www.recenter.tamu.edu/news/newstalk-texas/?Item=91392012-11-01T12:55:00Z2012-11-01T09:00:00Z

ABILENE - ALN Apartment Data has released October data for apartments in the Abilene market.

Abilene Market Review
Abilene Market Same Store*
Oct. 2012 Annual
Change
Occupancy rate 93.4 0.6%
Units added 405 40,400.0%
Units absorbed (annual) 410 564.3%
Average size (SF) 869 4.9%
Asking rent $641 4.7%
Effective rent $637 5.6%
Effective rent per SF $0.73 0.6%
% Offering concessions 13% -51.3%
Avg. concession package 4.1% -14.1%


*Same store is everything in a market except for apartments in initial lease-up. 

Floor Plan Breakdown - Abilene
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 $531 $526
1 DEN 2.0% 817 $615 $615
2 BR 46.8% 966 $685 $678
2 DEN 0.1% 1,296 $570 $523
3 BR 12.7% 1,245 $903 $881
>3 BR 0.7% 908 $1,667 $1,658


Read more at ALN Market News.

Abilene Reporter-News
Abilene
Multifamily
http://public.alndata.com/marketreview/abi115e49e004.pdfRead more at {Source}

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