100 Lovers Ln, Terrell, TX 75160
Apartment community of 116 units with separate leasing office, clubhouse, and laundry facilities, plus private patios or balconies.
Property Features for 100 Lovers Ln
General Information
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Investment Insights
Based on property information with market context.
Unit mix includes one-, two-, and three-bedroom floorplans ranging from 775 to 1,324 square feet, with 86% of units being two- and three-bedroom. Select units feature ceramic tile floors, wood burning fireplaces, vaulted ceilings, washer/dryer connections, and water savings devices. Tenants have private patios or balconies, and units are separately metered for electricity. The seller pays water and gas expenses (hot water and laundry only).
On-site amenities include a separate leasing office with a shop, a clubhouse, and laundry facilities. The clubhouse needs repair. The laundry machines are on a lease that expires in 2024. Land is available for additional amenities, and additional land may support up to 16 new units if an owner chooses. The property is located approximately 20 miles east of Dallas on I-20, in Terrell, TX.
Key Highlights
- 116‑unit apartment community built in 1971 and 1984 (two parts) with 114,660 SF of leasable space on 8.7 acres
- Rehabbed in 2015 with new A/C units, air handlers, high‑efficiency on‑demand boilers, new roofs, and updated interior systems and finishes
- Unit mix includes spacious 1-, 2-, and 3‑bedroom floor plans from 775 to 1,324 SF; 86% are 2- and 3‑bedroom units
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Demographics for 75160, TX
Market
Vacancy Rate% for Multifamily in South region