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Marcus & Millichap Arranges Sale of 228-Unit Apartment Community in Arlington

ARLINGTON, TEXAS — Marcus & Millichap has arranged the sale of Aspen Woods, a 228-unit apartment community in Arlington. Built in 1976, the property, which has since been rebranded as The District on Collins, primarily offers two- and three-bedroom floor plans with units averaging about 850 square feet. Amenities include a pool, outdoor grilling area, a clubhouse and onsite laundry facilities. Al Silva of Marcus & Millichap represented the seller, a Dallas-based partnership, in the transaction. Silva also procured the buyer, a Texas-based investment firm that will implement a multimillion-dollar renovation program.

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