ARA BROKERS SALE OF 160-UNIT COMPLEX IN KILLEEN

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KILLEEN — Atlanta-based ARA, a full-service investment advisory brokerage firm, has arranged the sale of the Arbors of Killeen Apartments in Killeen. Kelly Witherspoon and Jeff Patterson of ARA's secondary markets team in Austin represented the seller, an Arlington-based private investor. Place Properties, an Atlanta-based national investment group, purchased the multifamily property for an undisclosed price. Arbors of Killeen is located at 2801 O.W. Curry Dr. in Killeen. Built in 1996, the 160-unit property offers one-, two- and three-bedroom floor plans averaging 768 square feet.

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