Post by CalTex Capital Group

*** SAN ANTONIO MULTIFAMILY MARKET OVERVIEW *** Occupancy: 93.5% Price: $1,127 $/mo *** Previously $1,103 Rental Rate: 1.32 $/sf/mo Size: 856 sf Past 12 Months: 16.3% Rental Rate growth *** Previously 11.2% 11,285 units absorbed Operating Supply: 968 communities 208,349 units Recently Opened (12 mo): 20 communities 5,048 units Under Construction: 32 communities 7,555 units Proposed Construction: 60 communities 17,101 units HOTTEST SUBMARKETS - Past 3 Months: 1. Downtown/ Southtown/ Brackenridge Annualized Growth % - 20.6% % of Market Absorbed - 2.5% 2. Leon Springs/Boerne/Kerrville Annualized Growth % - 20.1% % of Market Absorbed - 2.4% 3. Thousand Oaks/ Stone Oak/ 281 North  Annualized Growth % - 18.6% % of Market Absorbed - 1.7% Why invest in Multifamily? https://lnkd.in/entQpTdr Interested in real estate investing? Contact Dan Carlucci or Luis Frias to find out more about our group’s current available investment opportunities in the San Antonio Area! #SanAntonioMultiFamily #MarketGrowth #MultiFamilyInvesting #PropertyManagement #TexasRealEstate #Investing #MultiFamily #Housing #CommercialRealEstate #Appreciation #Growth #SATX #CalTex Market information was provided by Apartmentdata.com ***From previous San Antonio market update on CalTex page.