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Updated about 7 years ago on . Most recent reply

User Stats

27
Posts
3
Votes
Jon-Michael Clark
  • Investor
  • Arlington, TX
3
Votes |
27
Posts

Abilene Texas Rental market over saturated?

Jon-Michael Clark
  • Investor
  • Arlington, TX
Posted
I am wondering if anyone is having trouble getting a property rented? We have a 4 bedroom 2 bath house that is next to ACU and a 3/2 duplex near ACU. Any advice/help would be appreciated. Could it be just the time of year?

Most Popular Reply

User Stats

93
Posts
91
Votes
Yousif Abudra
  • Real Estate Investor / Syndicator
  • San Ramon, CA
91
Votes |
93
Posts
Yousif Abudra
  • Real Estate Investor / Syndicator
  • San Ramon, CA
Replied

Jon-Michael Clark
We own an aprartment complex in Abilene a few hundred feet from ACU. We've been able to rent out units in the past few months and are near 100% occupied now. And those have been at above market rents. In speaking with my property manager, she has said that SFH have been harder to rent due to higher asking rents than smaller apartments. So that may be an issue you are facing. But apartments are renting well. Additionally, I have found that Sep-Dec can be dead months in terms of leasing. So that is likely playing into it as well.

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