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105 S Alarcon Street

Prescott, AZ 86303
  • $2,835,000
  • STATUS: Active
  • ON SITE: 413 Days
  • ID#: 1054262
$2,835,000
  • 0
    BEDS
  • 0.19
    ACRES
  • 10
    BATHS
  • 0
    1/2 BATHS
  • 7,274
    SQFT
  • $390
    $/SQFT
Type:
Multi-Family
Built:
1895
County:
Area:

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.

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© 2024 Prescott Area Association of Realtors, Inc. 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 The Shelly Watne Group. Data last updated: 2024-04-03T23:50:41.703.
www.shellywatne.com/homes/137357961
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105 S Alarcon Street Prescott, AZ 86303

  • Price: $2,835,000
  • Status: Active
  • On Site: 413 Days
  • ID#: 1054262
0
Beds
10
Baths
0
½ Baths
0.19
Acres
7,274
SQFT
$390
$/SQFT
1895
Built
Neighborhood:
Prescott Original Township
County:
Yavapai
Area:
Prescott
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.
Exterior Features

Construction Materials Wood Frame Exterior Features LandscapedLaundry FacilitiesPatio/Deck/BalconySprinkler/Drip Roof Other

Interior Features

Cooling Ceiling Fan(s)Room Refrigeration Flooring Wood Heating OtherRadiantSee Remarks

Property Features

Additional Parcels YN No Association YN No Building Type 5+ Units Exclusions No Owner Pays All Utilities Reo Short Sale Not Applicable Road Responsibility City Maintained Road Tax Annual Amount 2947 Tax Year 2022 Terms Conditions 1031 ExchangeSold Furnished Utilities Service - 220vElectricity On-SiteNatural Gas On-SiteWater - CityWWT - City Sewer Zoning Business Genera

Listing information © 2024 Prescott Area Association of Realtors, Inc.
Listing provided by Sandra F Shaffer of Invest Southwest: (928) 899-3111.


© 2024 Prescott Area Association of Realtors, Inc. 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 The Shelly Watne Group. Data last updated: 2024-04-03T23:50:41.703.
 
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