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Abilene ALN apartment data May 2013Abilene ALN apartment data May 2013https://www.recenter.tamu.edu/news/newstalk-texas/?Item=71082013-06-13T07:28:00Z2013-06-12T00:00:00Z

ABILENE - ALN Apartment Data has released the May 2013 apartment occupancy, effective rent data and more for apartments in the Abilene market.

Abilene Market Review
Abilene Market Stabilized Market*
May 2013 Annual
Change
Occupancy rate 90.8 1.4%
Units added 405 -
Units absorbed (annual) 291 -
Average size (SF) 871 5.0%
Asking rent $659 7.7%
Effective rent $648 8.4%
Effective rent per SF $0.74 3.2%
Offering concessions 27% -16.7%
Avg. concession package 5.5% -13.5%

*Stabilized market 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 2.6% 468 $473 $469
1 BR 35.2% 649 $544 $533
1 DEN 2.5% 818 $652 $644
2 BR 46.7% 967 $703 $696
2 DEN 0.1% 1,296 $570 $523
3 BR 12.4% 1,252 $924 $911
>3 BR 0.6% 873 $1,636 $1,636


Read more at ALN Market News.

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

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