IPA Arranges the Sale of Alta Park West for $30.05 Million

Institutional Property Advisors (IPA), a multifamily brokerage division of Marcus & Millichap serving the needs of institutional and major private investors, has arranged the sale of Alta Park West, a 260-unit, 252,643-square-foot luxury apartment community in Peoria, Ariz., a major suburb of Phoenix. The $30.05 million sales price equates to $115,500 per unit. IPA senior…