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.