AUSTIN – Archway Equities and CAF Capital Partners have acquired The Morgan, a 504-unit apartment community at 1801 Wells Branch Pkwy.
Built in 1983, the property has one- and two-bedroom units. Rents range from $1,402 to $1,793 per month.
Amenities include a dog park, business center, lounge, two pools, and walking and biking trails.
The property was 95 percent leased at closing.