IRR-Naples Mid-Year Viewpoint 2015 Local Market Report - Multifamily
Overall, the Lee County multifamily market has improved over the last three years, as vacancy rates have slightly declined and rental rate have slightly increased. There are three new projects coming online in Lee and Collier counties, totaling 800 units. The market is currently in a state of undersupply, so these projects are expected to have minimal impact on overall occupancy rates. As such, we expect additional projects to be announced in the near future.
Download the full version PDF of this Local Market Report below to see the charts, graphs, and tables not included above.
IRR Mid-Year Viewpoint 2015 comprises a National Overview report and 300+ two-page Local Market Reports for all key property types as well as additional resources, including metrics methodology, graphs, and tables; these free reports may be downloaded from IRR’s site here.