facebook


Go ProSubmit a deal
Submit
Home

/

Deals

/

Texas

/

Multifamily

/

Sale

/

4475 Carter Creek Parkway

Updated Oct 12, 2026

Hayden Properties Acquires 192-Unit Apartment Complex From Lumen Capital In Bryan Texas
SOLDMultiFamily

Hayden Properties Acquires 192-Unit Apartment Complex From Lumen Capital In Bryan Texas

4475 Carter Creek Parkway

Units

192

Asset Type

MultiFamily

Closing

Oct 5, 2026

About this deal

AI

The Element at University Park is a multifamily residential property located at 4475 Carter Creek Parkway in Bryan, Texas. This apartment complex consists of 192 units and was built in the year 2000. The transaction involved Houston-based Lumen Capital selling the property to Hayden Properties.

Summary of transaction details:

MMG Real Estate Advisors facilitated the transaction, showcasing their role in the sale of the property and the expertise of their brokerage team in handling such deals. The transaction highlights the involvement of key individuals from MMG, including Harris Weber, Michael Moffitt, Michael Watson, Michael Miller, and Thomas Skevington.

On the Map

Open live map

MultiFamily

View full map

Players

Michael Watson

MMG Real Estate Advisors

Broker

4 deals

Broker
HP
Hayden PropertiesBuyer
Bilt advertisement

Bryan MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Deal FAQ

Visit Michael Moffitt to view all their deals.

Browse Bryan multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets