NM Apartment Report - Article Archive

Lewinger Hamilton Inc. was recently hired to perform feasibility studies for new apartment construction. Part of any feasibility study is a rental survey of a given market area, and the following represents survey information from the New Mexico market areas: Area Avg. $ per SF Avg. Unit Size (sf) # Units Surveyed NE $.69 851 16,862 NW $.64 832 2,794 SE $.66 739 2,217 SW $.77 739 300 RR $.73 764 280 Santa Fe $.78 815 1,682 Los Lunas $.51 837 108 Avg. $.69 834 23,943 Total Units

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	"Rental Survey Update 1994" Originally appeared inAlbuquerque Apartment Report Vol. 1.2 - Q2’94 Lewinger Hamilton Inc. was recently hired to perform feasibility studies for new apartment construction. Part of any feasibility study is a rental survey of a given market area, and the following represents survey information from the New Mexico market areas: Area Avg. $ per SF Avg. Unit Size (sf) # Units Surveyed NE $.69 851 16,862 NW $.64 832 2,794 SE $.66 739 2,217 SW $.77 739 300 RR $.73 764 280 Santa Fe $.78 815 1,682 Los Lunas $.51 837 108 Avg. $.69 834 23,943 Total Units
Article by by Todd Clarke CCIM (www.nmcomreal.com/nmcomreal)
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