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Amarillo ALN apartment July 2012Amarillo ALN apartment July 2012https://www.recenter.tamu.edu/news/newstalk-texas/?Item=98392012-08-27T11:18:00Z2012-08-27T07:00:00Z

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

Amarillo Market Review
Amarillo Market Same Store*
July 2012 Annual
Change
Occupancy rate 90.9 -2.3%
Units added 0 -100.0%
Units absorbed (annual) -228 -170.3%
Average size (SF) 814 -0.1%
Asking rent $644 3.3%
Effective rent $631 3.0%
Effective rent per SF $0.78 3.1%
Offering concessions 29% 24.2%
Avg. concession package 7.2% 64.7%


*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 $474 $469
1 BR 46.0% 662 $555 $543
1 DEN 1.4% 770 $699 $685
2 BR 40.4% 948 $718 $706
2 DEN 0.6% 1,145 $1,054 $1,054
3 BR 7.9% 1,207 $790 $778
>3 BR 0.6% 1,363 $741 $741


Read more at ALN Market News. Want more news about Amarillo? See NewsTalk Texas.

ALN Apartment Data
Amarillo
Multifamily
http://www.alnsystems.com/marketreview/ama2c07a5ee0f.pdfRead more at {Source}

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