Mosaic and Atlantic Jasper LLC Deliver First Build-to-Rent Community The Flats at Jasper in Northern Arizona

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The Flats at Jasper
The community delivers the first 240 rental homes in the master plan. The region lacks a comparable build-to-rent offering, making The Flats at Jasper a unique addition to the local housing landscape.

Mosaic, a full-stack BTR development platform, and Atlantic Jasper LLC, (developer), have completed construction on The Flats at Jasper, the first build-to-rent (BTR) community within the nationally recognized Jasper master-planned community in Prescott Valley, Arizona.

“I’ve been very pleased with our partnership on this project with Mosaic,” said David Brown, Co-managing Partner of Atlantic Jasper LLC. “Mosaic’s attention to detail and skillful execution has been an important factor in the fulfillment of our vision for the construction of the foremost luxury rental community in the Prescott Valley market.”

“As our third community completed within the Jasper master plan, we have been excited to see the continued expansion of the master plan to include best-in-class rental homes. This project brings Mosaic’s cumulative unit deliveries within Jasper to nearly 750 homes,” said Alex Pollack, VP of Partnerships at Mosaic. “The Flats at Jasper is delivering essential rental housing to Prescott Valley, combining beautiful, modern architecture with a highly functional community design that enhances everyday living.”

Encompassing 26.1 acres of developed land, The Flats at Jasper, located at 4901 North Jasper Parkway in Prescott Valley, offers a first-class living experience in 240 horizontal apartment-style build-to-rent units. Residents have exclusive access to on-site amenities, including a state-of-the-art 5,000 square foot clubhouse with a 24-hour workout facility and meeting spaces, pool, hot tub, spa, dog park, dog wash facilities, and walking trails and amenities provided by the Jasper master plan. Units range from 760 to 1,039 square feet.

Mosaic is actively building 8 build-to-rent communities in Arizona and 2 in Texas and is on track to deliver an additional 1,300 homes in 2025.

Mosaic is a full-stack build-to-rent development platform, building homes for the country’s most innovative developers. Founded in 2017 and headquartered in Phoenix, Mosaic leverages its custom-built technology to provide a full suite of residential construction services, from estimation and contracting to vertical and horizontal construction management. As an industry leader in build-to-rent, Mosaic is the GC of choice for developers building the next generation of rental homes and neighborhoods across the U.S., with operations in Arizona and Texas.