SAAA July 2020 Special Edition Residence Magazine | Page 35

San Antonio, TX General Overview End of May, 2020 Conventional Properties May 2020 Annual Chg Occupancy 88.9 -1.3% Unit Change 5,601 Units Absorbed (Annual) 3,114 Average Size (SF) 848 +0.1% Asking Rent $1,039 +0.7% Asking Rent per SF $1.23 +0.6% Efective Rent $1,013 +0.2% Efective Rent per SF $1.19 +0.1% % Ofering Concessions 39% +24.5% Avg. Concession Package 5.8% +5.4% Market Breakdown % of # # Avg Average Rent Rent Concessions Property Type Market Props Units Occ. SF Mkt Ef Props Ofering Avg Package Conventional 79% 989 182,401 88.9% 848 $1,039 $1,013 39.2% 5.8% Afordable 15% 260 33,663 88.6% 917 $837 $831 8.7% 5.6% Senior Living 4% 108 10,126 80.2% 860 $1,682 $1,672 5.1% 15.1% Student Housing 2% 21 4,107 85.6% 1,098 $1,778 $1,742 22.2% 9.9% Totals 1,378 230,297 Top 5 Submarkets Occupancy Annual Change May-20 Change La Cantera - Dominion - The Rim - Camp Bullis 90.2% 11.7% Seguin 95.0% 3.8% Far West 92.6% 2.7% Windcrest - Converse - Randolph 93.5% 2.6% Downtown - Riverwalk - King William 83.2% 0.5% Efective Rent ains May-20 Change East of Downtown - Inside Loop $920 14.0% Kerrville $869 6.5% Greater New Braunfels $1,225 5.1% Southwest - Lackland $761 4.6% Alamo Heights - Terrell Hills - Olmos Park $1,091 3.5% New Units ALN Apartment Data tracks 11K management companies with over 125K properties, comprised of over 16 million total units. We ofer our clients feature-rich, user-friendly platforms to perform research with confdence, and our comprehensive services are available nationwide. Copyrights: All data, information and material provided through ALN Platforms or Reports are copyrighted. All resales, redistribution, or other forms of dissemination is strictly forbidden. For ALN editorial inserts, sourcing, questions, or additional information about our services, please contact [email protected] or call 800-643-6416 x 3. www.alndata.com www.saaaonline.org NATIONWIDE | JULY 2020 MULTIFAMILY SPECIAL EDITION DATA 35