IPA Negotiates Sale of 186-Unit Biltmore Apartments in Arlington

by Taylor Williams

ARLINGTON, TEXAS — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has negotiated the sale of The Biltmore, a 186-unit apartment complex in Arlington. The garden-style property was built in 1978 and offers one- and two-bedroom units with an average size of 765 square feet. Michael Ware, Taylor Hill, Drew Kile, Joey Tumminello and William Hubbard of IPA represented the seller, Legacy REI Group, in the transaction and procured the buyer, Lynba Holdings.

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