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Los Angeles Investor Buys Luxury Apartments in Prescott, Arizona, for $76.6 Million

Northern California Firm Sells Terraces Complex for Higher-Than-Average Price
The Terraces in Prescott Valley, Arizona, was developed in 2003. (CoStar)
The Terraces in Prescott Valley, Arizona, was developed in 2003. (CoStar)
CoStar News
October 1, 2021 | 1:30 AM

An apartment complex near Prescott, Arizona, a mountainous area of the state about 90 miles north of Phoenix, sold for $76.6 million in a deal between two California real estate investment firms.

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