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Abilene, Amarillo, Corpus, Lubbock ALN Sept. 2012Abilene, Amarillo, Corpus, Lubbock ALN Sept. 2012https://www.recenter.tamu.edu/news/newstalk-texas/?Item=93682012-10-09T07:19:00Z2012-10-09T00:00:00Z

ABILENE, AMARILLO, CORPUS CHRISTI, LUBBOCK - ALN has released the September 2012 review of occupancy, effective rent data and more for Abilene, Amarillo, Corpus Christi and Lubbock. The general overview includes properties in initial lease-up.

General Overview September 2012
Markets Abilene Amarillo Corpus Christi Lubbock
Occupancy rate 94.4 91.3 96.1 93.1
Units added 405 0 1 0
Units absorbed (annual) 469 86 604 320
Average size (SF) 869 814 855 849
Asking rent $640 $648 $722 $684
Effective rent $635 $636 $766 $677
Effective rent per SF $0.73 $0.78 $0.90 $0.80
% Offering concessions 16% 32% 14% 20%
Avg. concession package 5.5% 5.5% 5.1% 5.1%


Read more at ALN Apartment Data.

ALN Apartment Data
Texas
Multifamily
http://alndata.com/market_news.phpRead more at {Source}

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