---
title: "The Barone Group Sells The Terraces"
url: "https://thebaronegroup.com/news/the-barone-group-sales-terraces-at-glassford-hill/"
post_type: "news"
date_published: "2018-08-01T17:20:47-07:00"
date_modified: "2023-08-03T17:16:21-07:00"
---

# The Barone Group Sells The Terraces

Just Sold: The Terraces at Glassford Hill Apartments in Prescott Valley

PHOENIX, AZ  August 1, 2018 – An affiliate of The Barone Group sold The Terraces at Glassford Hill apartments in Prescott Valley to California-based Virtú Investments for $47,350,000.  www.terracesprescott.com. 
The Terraces is irreplaceable with its unique location, positioned on top of Glassford Hill.  The fantastic views overlooking Prescott Valley, combined with Class A quality design, provides consistently high occupancy coupled with strong rents.  Virtú took the time to truly understand this dynamic asset and submarket,” said Brad Cooke, executive Vice President, Colliers International.