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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0BEDS
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0.19ACRES
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0BATHS
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01/2 BATHS
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7,274SQFT
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$481$/SQFT
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.
© 2023 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: 2023-03-24T13:51:39.773.