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THE BARONE GROUP SELLS THE TERRACES AT GLASSFORD HILL IN PRESCOTT, AZ

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.