
Prescott Valley Latest Target of BTR Builders
Arizona’s growing Prescott Valley will be the site for 240 new build-to-rent units. Mosaic and Atlantic Jasper have broken ground on The Flats at Jasper, a new build-to-rent (BTR) community within the Jasper master planned community in Prescott Valley, Arizona. Atlantic Jasper, developer of The Flats, has partnered with Mosaic to build on the 26.1-acre site. The project is expected to benefit from the strong housing market in the Prescott area, a town of about 50,000 about an hour north of Phoenix.
Amenities include a 5,000 square foot clubhouse with a 24-hour workout facility and meeting spaces, pool, hot hub, spa, dog park and dog wash facilities, along with open spaces and grilling stations throughout the community.
The new site will offer four floor plans in a combination of single-family detached homes and duplexes ranging from 760 to 1,039 square feet. The community includes detached garages. Construction is anticipated to finish in 2025.