Price Per Door
Break-Even Occupancy
How full does the property need to be to cover operating expenses and debt service? The lower the number, the more room you have if leasing slows.
Houston operators generally want break-even occupancy well below the submarket’s stabilized level. With metro occupancy in the high 80s, a break-even above 85% leaves little cushion.
For education only. Not investment, tax or legal advice.