14490 full.pdf - Georgia Department of Community Affairs
14490 full.pdf - Georgia Department of Community Affairs
14490 full.pdf - Georgia Department of Community Affairs
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
YEAR OF<br />
PROJECT OPENING<br />
NUMBER OF<br />
PROJECTS<br />
MARKET RATE MULTIFAMILY<br />
CONSTRUCTION TRENDS<br />
ALBANY, GEORGIA<br />
SITE EFFECTIVE MARKET AREA<br />
MAY 2002<br />
NUMBER OF<br />
UNITS<br />
PERCENT<br />
DISTRIBUTION<br />
CUMULATIVE<br />
UNITS<br />
MAY 2002<br />
VACANCY<br />
RATE<br />
Before 1970 7 862 18.3%<br />
862 7.2%<br />
1970 - 1974 15 1351 28.7%<br />
2213 5.0%<br />
1975 - 1979 4 634 13.5%<br />
2847 3.8%<br />
1980 - 1984 5 392 8.3%<br />
3239 3.3%<br />
1985 - 1989 4 219 4.7%<br />
3458 4.1%<br />
1990 1 144 3.1%<br />
3602 4.9%<br />
1991 0 0 0.0%<br />
3602<br />
1992 0 0 0.0%<br />
3602<br />
1993 0 0 0.0%<br />
3602<br />
1994 2 90 1.9%<br />
3692 2.2%<br />
1995 4 520 11.1%<br />
4212 1.2%<br />
1996 0 0 0.0%<br />
4212<br />
1997 1 176 3.7%<br />
4388 4.0%<br />
1998 2 220 4.7%<br />
4608<br />
1999 0 0 0.0%<br />
4608<br />
2000 0 0 0.0%<br />
4608<br />
2001 1 96 2.0%<br />
4704 1.0%<br />
2002* 0 0 0.0%<br />
4704<br />
TOTAL: 46<br />
4704 100.0 %<br />
AVERAGE ANNUAL RELEASE OF UNITS 1997 - 2001: 98.4<br />
* THROUGH MAY 2002<br />
V-3<br />
4704<br />
0.0%<br />
0.0%<br />
0.0%<br />
0.0%<br />
0.0%<br />
0.0%<br />
0.0%<br />
0.0%<br />
4.2%