Mansion by the Square- Fully Remodeled, Furnished 10 unit Apartment Building

105 S Alarcon St, Prescott, AZ 86303

Property Information

  • For Sale $2,195,000
  • Property Type Multi-Family
  • Property Size 7,274 SF
  • Units 10
  • Lot Size 0.19 Acre
  • Year Built 1970
  • Date Updated Apr 7, 2026

Description

Strategically positioned in close proximity to Courthouse Square, the property provides guests with convenient access to an array of dining establishments, retail shops, and community events. The building comprises ten fully furnished units, including seven spacious suites and three well-appointed studios, catering to a diverse range of guest preferences and group sizes. The property's rental strategy demonstrates strong growth potential. Initial rates were deliberately set at competitive entry points to establish market presence and generate positive reviews across major vacation rental platforms.Mansion by the Square represents a distinguished vacation rental destination with significant investment potential. This historic property has undergone extensive capital improvements while preserving its rich local heritage, offering guests an authentic and memorable experience in a prime location. Strategically positioned in close proximity to Courthouse Square, the property provides guests with convenient access to an array of dining establishments, retail shops, and community events. The building comprises ten fully furnished units, including seven spacious suites and three well-appointed studios, catering to a diverse range of guest preferences and group sizes. The property's rental strategy demonstrates strong growth potential. Initial rates were deliberately set at competitive entry points to establish market presence and generate positive reviews across major vacation rental platforms. This approach has proven successful, with rental rates now experiencing steady upward momentum as the property's reputation continues to strengthen. With its combination of historical character, modern improvements, strategic location, and demonstrated revenue growth trajectory, Mansion by the Square presents an exceptional opportunity for investors seeking to enter or expand within the thriving vacation rental market.

Highlights

  • 10 units
  • 7,274 SF building
  • Built in 1970
  • Excellent rental potential
  • Highly desirable location
  • Located in Prescott, AZ
  • Prime investment opportunity
  • Zoned BG

Contacts

Denise Raney

Arizona Commercial Real Estate

Location

Contact Listing Broker
Denise Raney

Arizona Commercial Real Estate

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