SAAA September/October 2019 Residence Magazine SEPT_OCT_2019_Magazine | Page 34

San Antonio, TX End of July, 2019 General Overview Conventional Properties Jul 2019 Annual Chg Occupancy 90.8 +0.8% Unit Change 5,126 Units Absorbed (Annual) 5,904 Average Size (SF) 849 +0.4% $1,041 +4.8% $1.23 +4.5% $1,022 +5.4% $1.20 +5.0% % Ofering Concessions 32% -7.9% Avg. Concession Package 5.1% -15.3% Asking Rent Asking Rent per SF Efective Rent Efective Rent per SF Market Breakdown Property Type % of # # Market Props Avg Occ. SF Mkt Rent Concessions Props Ofering Avg Package Conventional 80% 978 177,146 90.8% 849 $1,041 $1,022 31.8% 5.1% Afordable 14% 245 31,312 95.6% 907 $818 $815 5.5% 5.0% Senior Living 4% 101 9,218 89.5% 863 $1,625 $1,620 8.3% 3.1% Student Housing 2% 20 3,945 88.0% 1,106 $1,742 $1,722 23.5% 3.9% 1,344 221,621 Totals Units Average Rent Ef Top 5 Submarkets Occupancy Annual Change Jul-19 Change Efective Rent ains Jul-19 Change Greater New Braunfels 95.9% 17.5% Southwest - Lackland $766 11.9% Boerne - Comfort 94.0% 10.2% Thousand Oaks - North of Starcrest $1,000 11.7% Far West 91.4% 4.6% Seguin $1,035 10.3% East of Downtown - Inside Loop 86.8% 3.8% Northwest - Helotes - Grey Forest $1,101 8.5% Seguin 90.5% 3.6% Downtown - Riverwalk - King William $1,555 8.1% 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. 34 September/October 2019 | www.saaaonline.org www.alndata.com NATIONWIDE MULTIFAMILY DATA