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105 S Alarcon Street

Prescott, AZ 86303
  • $3,500,000
  • STATUS: Active
  • ON SITE: 19 Days
  • MLS #: 192446
$3,500,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,274
    SQFT
  • $481
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1895
County:

School Ratings & Info

Description

Know as Mansion by the Square, the property is a monument to local history. Extensive capital improvements have established it as one of Prescott's most distinct vacation rentals. 10 Units consisting of 7 suites and 3 studios, are offered fully furnished in a most desirable downtown location, an easy walk to restaurants, shop and events. Priced below comps, the furnishings alone add considerable value. Turnkey and well managed, this pride of ownership asset has minimal owner responsibilities and immediate upside. The low nightly room rates were positioned below competition with the intention of establishing a high occupancy level and high rankings within the rental platforms. The property is poised to allow an investor to capitalize on the tremendous economic potential. Tradename conveys.

Monthly Payment Calculator



© 2023 Northern Arizona Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Arizona Living Realty. Data last updated: 2023-03-22T00:14:37.817.
www.flagstaffrealestateaz.com/homes/137406783
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105 S Alarcon Street Prescott, AZ 86303

  • Price: $3,500,000
  • Status: Active
  • On Site: 19 Days
  • MLS #: 192446
0
Beds
0
Baths
0
½ Baths
N/A
Acres
7,274
SQFT
$481
$/SQFT
1895
Built
Neighborhood:
99 - Other Cities/Areas
County:
Yavapai
Area:
99 - Other Cities/Areas
Property Description
Know as Mansion by the Square, the property is a monument to local history. Extensive capital improvements have established it as one of Prescott's most distinct vacation rentals. 10 Units consisting of 7 suites and 3 studios, are offered fully furnished in a most desirable downtown location, an easy walk to restaurants, shop and events. Priced below comps, the furnishings alone add considerable value. Turnkey and well managed, this pride of ownership asset has minimal owner responsibilities and immediate upside. The low nightly room rates were positioned below competition with the intention of establishing a high occupancy level and high rankings within the rental platforms. The property is poised to allow an investor to capitalize on the tremendous economic potential. Tradename conveys.
Property Features

Down Payment Submit Net Op Inc $150000 - 199999 Property Sub Type Other Tax Year 2022 Taxes 2947.00

Listing provided by Sandra Shaffer of Invest Southwest: (928) 899-3111.
Listing information © 2023 Northern Arizona Association of Realtors, Inc.


© 2023 Northern Arizona Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Arizona Living Realty. Data last updated: 2023-03-22T00:14:37.817.
 
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Keller Williams Arizona Living Realty
1750 S Railroad Springs Blvd. Suite 9
Flagstaff AZ, 86001