Off-Campus Student Housing: 2013 Income and Expense Benchmarking Survey

Off-Campus Student Housing: 2013 Income and Expense Benchmarking Survey

  • The 2013 Off-Campus Student Housing Income and Expense Survey report is the only tool of its kind, designed to assist student housing owners and operators in comparing operating costs against that of their peers.  Conducted by NMHC’s Student Housing Council, the fourth annual survey offers detailed financial line-item data for 462 student housing properties with 258,703 beds in 39 states. 


    In addition to the broader, national data set, the 168-page survey includes select regional results and data for 17 individual states—Alabama, California, Colorado, Florida, Georgia, Illinois, Indiana, Kansas, Louisiana, Michigan, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee and Texas.


    This year’s report has the most extensive information to date, including key data points in the areas of income, expenses and supplemental items. More specifically, the data includes information on these line items:


    Income: Gross Potential Rent; Concessions; Vacancies; Gain/Loss to Lease; and Net Rental Income.


    Expenses: Net Rental Income; Total Operating Expenses; Total Compensation; Maintenance and Repairs; Marketing; Utilities (excluding cable); Taxes; Insurance; Management Fees; and Turnover (only at national level).


    Supplemental Items: Late Fee Income; Utility Income; Security Expense; Landscaping; Cable and Internet; and General and Administrative.


    Beyond the geographic breakouts, the data was also evaluated on a number of other property characteristics: Type of lease (by-the-bed and by-the-unit); Type of property (garden-style, mid-rise and high-rise); Age of property (2006-present; 2000-2005; before 2000); and Size of property (up to 200 beds; 201-600 beds; 601 or more beds)


    PRICING INFORMATION

    • $750 for NMHC members
    • $1,500 for non-members.
  • Price: $1,500.00 

  • Quantity: