Brazos Residential Acquires 248-Unit Rush Creek Multifamily In Arlington Texas

The property at 1200 West Sublett Road is a multifamily asset consisting of 248 units situated on 16 acres in Arlington, Texas. It is categorized as affordable housing and benefits from a loan assumption and approval from the Texas Department of Housing and Community Affairs.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: Not specified
• Units: 248
• Acres: 16
• Buyer: Will Hancock - Brazos Residential
• Brokers: Bard Hoover, Nick Fluellen, Sam Pettigrew & Wesley Racht - Marcus & Millichap

Will Hancock of Brazos Residential is the buyer, with plans to enhance the property while maintaining its affordability. Marcus & Millichap facilitated the sale of Rush Creek, showcasing their role in the transaction through the efforts of the brokers involved.