Renovated 107-Unit Apartment Community

1300 S Adelaide St, Terrell, TX 75160

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107-unit Terrell apartment community with recent capital improvements, including HVAC conversions and roof replacement.

Type:Multifamily

HighLights

107‑unit apartment community in Terrell, Texas
Approximately $2.27M in recent capital improvements, including a full roof replacement
Converted from a chiller system to individual HVAC units and completed interior upgrades
Parking lot improvements and exterior enhancements completed as part of the renovation program
Unit mix includes approx. 65% two-, three-, and four‑bedroom floor plans
Ownership plans to continue renovations; water conservation initiative may increase NOI

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Matt Aslan

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For Sale

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107-unit Terrell apartment community with recent capital improvements, including HVAC conversions and roof replacement.

Type:Multifamily

Added:: Jun 5, 2026
Days on Market:: 4
Last Refresh:: Jun 8 at 1:33 am

Property Features for 1300 S Adelaide St

General Information

Standard status: Active
Property subtype: Multifamily

We can help!

Listing Contact

Matt Aslan

Listing agent Matt Aslan License #License(s): TX: 679950

Listing office Dallas Office

Listing date Jun 5, 2026

Source Marcusmillichap

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All listing content including descriptions, pricing, images are the copyrighted material of Dallas Office

HighLights

107‑unit apartment community in Terrell, Texas
Approximately $2.27M in recent capital improvements, including a full roof replacement
Converted from a chiller system to individual HVAC units and completed interior upgrades
Parking lot improvements and exterior enhancements completed as part of the renovation program
Unit mix includes approx. 65% two-, three-, and four‑bedroom floor plans
Ownership plans to continue renovations; water conservation initiative may increase NOI

Overview

Adelaide is a 107-unit apartment community at 1300 S Adelaide St in Terrell, Texas. Recent ownership investment of approximately $2.27 million has been directed toward a full roof replacement, conversion from a chiller system to individual HVAC units, interior upgrades, parking lot improvements, and exterior enhancements.

The property offers a highly desirable mix of homes, with approximately 65% of units featuring two-, three-, and four-bedroom floor plans suited to households seeking more space. The community is positioned with convenient access to Interstate 20 and U.S. Highway 80, along with nearby major employers, retail amenities, and Dallas-area employment centers in Kaufman County.

For buyers or operators, Adelaide presents a ready-to-continue renovation program, with management indicating the option to extend the improvements across the remaining classic units. The unit mix supports long-term tenant appeal, and an additional water conservation initiative is referenced as a path to further utility savings.

Location Intelligence

Current Use by Public Records

Fast Hand mobile ... Auto Repair Shop MY QUALITY LIFE ... Charitable Organization Brownstone Apartments Apartment Building

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Location Insight

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Local Demand

City: Terrell
County: Kaufman
State: Texas
Longitude: -96.280013
Latitude: 32.721147

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For sale
Apartment buildings
TX
Terrell
75160
1300 S Adelaide St

What type of property is this?

Apartment building - 107-unit Terrell apartment community with recent capital improvements, including HVAC conversions and roof replacement.

Where is this apartment building located?

The property is located at 1300 S Adelaide St Terrell, TX.

What are key features of this property?

This property features: 107‑unit apartment community in Terrell, Texas; Approximately $2.27M in recent capital improvements, including a full roof replacement; Converted from a chiller system to individual HVAC units and completed interior upgrades

1300 S Adelaide St, Terrell, TX 75160

107-unit Terrell apartment community with recent capital improvements, including HVAC conversions and roof replacement.

Property Features for 1300 S Adelaide St

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Flex Space with Drive-Thru

Automotive Dealership with Service Bay

Turn-Key Event Venue with Guest Suites

Historic Multi-Tenant Office Building

Two-Story Standalone Office Building

Ranch Land with Agricultural Barn

Bowling Alley Entertainment Venue

Retail Net Lease Investment

Automotive Flex Facility with Yard

Full Duplex Investment Opportunity

Historic Downtown Restaurant Building

Live-Work Commercial Property

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