Reasons to invest in real estate in Prescott, Arizona

Investing in Prescott makes sense. A recent survey shows:

• Prescott is a favored tourist destination in Arizona
• Visitors ranked the satisfaction level of their experience in Prescott at 90 percent
• Nearly one-third of the visitors to Prescott are from other parts of Arizona
• Most of the Arizona visitors were from the greater Phoenix metropolitan area
• Out-of-state visitors came primarily from California
• Canadians, Brits, Australians, and Germans topped the list of international visitors
• Most overnight visitors – over 75 percent – stayed in hotels or motels
• More than $120 million was spent on lodging in Prescott
• Favored activities by visitors included hiking and biking area trails, wildlife viewing, bird watching, golfing, boating, rock climbing, horseback riding, shopping, and dining

Investing in a Prescott area rental property means having property in a city that is the favorite of people visiting Arizona. It means having a property that draws visitors from around the world. It means having a property in which the cost for lodging represented the largest share of the tourism dollar.

It means having a property that offers your long-term renters or overnight guests:

• A beautiful city nestled at more than 5,200 feet above sea level, among the largest stand of Ponderosa pines in the country
• Perfect weather with more than 277 days of sunshine a year and average daytime temperatures of 70 degrees along with four distinctly beautiful seasons
• Breathtaking landscapes, granite mountains, nearby lakes, and hillsides abundant with wildlife
• A multitude of activities including golfing, fishing, kayaking, horseback riding, hiking, biking, camping, and museums, galleries, restaurants, and breweries all in a city with a small-town feel where visitors of every age return year after year
• A city saturated with history preserved in time with its world famous Whiskey Row, a battalion of historical landmarks, and legends of the wild west like Doc Holliday and Wyatt Earp
• A charming downtown, an idyllic retreat escape less than two hours from metro Phoenix, the country’s largest free bluegrass festival, the world’s longest-running rodeo, and Arizona’s official Christmas city