Oct 29, 2012
Austin multifamily 3Q 2012: Austin Investor Interests
AUSTIN - Third quarter 2012 continued to see the same envious occupancy rates and the same effective rents that continue to exceed previous historical highs. By the end of the...
AUSTIN – Third quarter 2012 continued to see the same envious occupancy rates and the same effective rents that continue to exceed previous historical highs.
By the end of the quarter, the overall occupancy rate was 95.75 percent, an increase of only .59 percent.
Rental rates increased to $1.10 psf.
| Average occupancy | 96% |
| Average price / SF | +$0.02 |
| Average sale price / unit | $99,000 |
Source: Austin Investor Interests LLC
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