Northland Expands Arizona Portfolio with Acquisition of Homestead Talking Glass in Prescott Valley
Renowned multifamily owner and operator adds to regional presence with purchase of apartment community
PRESCOTT VALLEY, AZ (November 4, 2021) – Northland Investment Corporation today announced the acquisition of Homestead Talking Glass, a luxurious residential community in Prescott Valley, Arizona. Featuring 214 one-, two-, and three-bedroom homes across 15 buildings, the development offers a best-in-class residential experience with top-of-the-line homes in a thriving location. This property marks Northland’s entrance into the Prescott market and is its sixth Arizona community.
“With its beautifully appointed homes, luxurious amenities and convenient lifestyle, Homestead Talking Glass is an ideal addition to our portfolio,” said Mike Campbell, Northland’s Associate Vice President of Investments. “Arizona has long been one of our top-performing markets, and we are thrilled to expand our presence in the region with this acquisition.”
The homes at Homestead Talking Glass are situated across 9.4 sprawling acres of land. Each spacious apartment features nine-foot ceilings, modern kitchens with custom cabinetry, granite countertops, gourmet islands, tile backsplashes, and stainless-steel energy efficient appliances. Residents enjoy a variety of features that include walk-in closets, recessed lighting, full-sized in-home washers and dryers, private balconies and patios, and stunning city and mountain views. A suite of resort-inspired amenities provides an enhanced lifestyle for residents and includes a pool and spa; an outdoor pavilion and covered ramada that features a sitting area, TV and lawn games; a 24-hour fitness center with a virtual trainer; an on-site resident cinema room; a private dog park and indoor dog washing station; a spacious indoor lounge with a sitting area, TV, fireplace, and spacious kitchen; complimentary concierge services; and outdoor gas grilling stations.
Homestead Talking Glass also offers residents convenient proximity to community amenities and attractions. Its prime location in downtown Prescott Valley, known as the Entertainment District, is walking distance to premier shopping, dining and entertainment offerings, as well as quick access to highways 69 and 89A. Popular nearby establishments include Gabby’s Grill, Colt Grill, the Saturday morning Farmer’s Market, the Findlay Toyota Center sports and concert arena, and several nearby nature trails.
Northland owns and operates five other properties in Arizona, including the Villas at San Dorado and The Canyons at Linda Vista Trail in Oro Valley and Pima Canyon, Promontory, and Hilands in Tucson.