Family Office Briefing on research byLee & Associates·Oct 27, 2023
2023 Q3 LA Tri-Cities - Multifamily
LA Tri-Cities multifamily market shows constrained sales amid rising interest rates — family offices should consider co-GP opportunities with experienced operators.
Multifamily2023
Key Metrics
| Metric | Value |
|---|---|
| Vacancy Rate | 3.5% |
| 12 Mo. Absorption Units | 400units |
| Asking Rent/Unit | 2414$ |
| Under Construction Units | 1362units |
| Inventory Units | 58028units |
Metrics extracted from the source report and independently fact-checked. Method →
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