Yesterday we took a look at markets around the country with the highest multifamily occupancy rates.  We know – for most multifamily investors, that induces a yawn and turn of the page looking for the markets with the lowest occupancies. 

Emerging market investors are obviously most interested in markets with economic and population growth stimuli to take an under-occupied property to stable occupancy over a shorter rather than longer period of time. 

Clearly in any given market one might stumble across an under-occupied property ripe for repositioning; we’re all searching for those!

Here are the markets in our database as of today in terms with the lowest multifamily occupancy rates. 

1.  Fayetteville, AR  87%
2.  Huntsville, AL  87.9%
3.  Flint, MI   89%
4.  Ann Arbor, MI  89%
5.  Augusta, GA   89%

Database Average:  94.8%
Database Median:  94.9%

Tomorrow we’ll take a look at the markets around the country with the highest percentages of service job employment. 

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