Autumn Chase Apartments Sold in Temple

The 91-unit apartment complex in Temple, Texas, has been sold in an off-market transaction.

Updated on Oct. 13, 2026 in Commercial

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The Multifamily Group recently brokered the sale of the Autumn Chase apartment community in Temple, Texas. The 91-unit property was acquired as part of a 1031 exchange.

Why it matters

The acquisition allowed the buyer to secure a property with established cash flow. The deal also involved the recapitalization of the complex, which had previously utilized HUD financing.

The Autumn Chase complex features 91 units and was originally constructed in 1985. The sale was finalized as an off-market transaction involving new acquisition debt.

The players

The Multifamily Group

This brokerage firm specializes in the sale of apartment properties and represented the parties in the Autumn Chase transaction.

Jackson Morris

He is a real estate professional who acted as the broker for both the buyer and the seller in the sale of Autumn Chase.

The details

The transaction was managed by Jackson Morris, who represented both the buyer and the seller. The buyer committed hard earnest money at the onset of the deal to facilitate the exchange.

The Autumn Chase apartment property was originally constructed in 1985.

Culture Shift

The use of Section 1031 of the Internal Revenue Code remains a primary driver for investment liquidity in the multifamily sector. This transaction reflects the broader strategy of investors utilizing tax-deferred exchanges to optimize property portfolios.

The ownership change does not immediately alter the daily operations or rental terms for current residents of the apartment community. Future renovations or changes to the property management style may occur as the new owner implements value-add strategies.

The takeaway

Commercial real estate investors frequently utilize 1031 exchanges to trade properties and defer capital gains taxes. Prospective buyers in the region should track these off-market movements to identify assets with potential for renovation and value growth.