18 November 2009

Texas Apartments Offering Incentives To Attract Renters

from News West 9

MIDLAND/ODESSA - From a lack of housing in the Permian Basin to a lack of renters, thanks to the economy.

Many apartment complexes across West Texas are seeing empty apartments stay that way.

In fact, some apartments are offering deals and incentives to attract tenants, including free rent.

Some managers tell NewsWest 9 that people are tripling up in one bed room units.

The President of the Permian Basin Apartment Association says they manage Texas apartments from several counties, but there is one city that has been more affected than others, and it all has to do with the bad economy.

 “Right now, Odessa is the one that is hurting worse than anyone, because we are so geared to the oil industry,” David Pope, Permian Basin Apartment Association President,, said.

Sunset Apartments is holding a raffle, just to get people to come and look at their apartments.

All you have to do to get your name in the hopper is enter the drawing.

The winner will be announced in November.

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