San Antonio Apartment Update Report Details Impact Of Hurricane Katrina
In San Antonio, the remains of Hurricane Katrina are still being felt. This is according to the fourth-quarter apartment update reported by O'Connor & Associates, the Houston-based real estate consulting firm and leader in apartment market research data in Texas. The report tracks the growth of apartment living in the San Antonio and surrounding areas. San Antonio area apartment occupancy also fell from last quarter, down 1.07 points overall. On average, apartments in the Alamo city show a 90.13 percent occupancy rate. Class A properties fell 1.16 points to 90.36 percent; Class B fell 1.01 points to 90.92 percent; Class C fell 1.22 points to 88.76 percent and Class D fell .47 points to 91.55 percent.