Areas of the Valley: Old Town Scottsdale
Are you looking to invest in a rental property in an area that offers something for everybody? Look no farther than the area surrounding, or within, the heart of Scottsdale, Arizona…Old Town! Scottsdale is located in the beautiful Sonoran Desert at the foot of the scenic McDowell Mountains. More specifically, geographically speaking, it’s bordered by Phoenix to the West, the Tonto National Forrest to the North, the McDowell Mountains to the East, and the Salt River to the South. Scottsdale’s McDowell Sonoran Preserve, in the city’s northern reaches, is the largest urban wilderness area in the United States and features more than 60 miles of trails through diverse and scenic desert terrain. Overall, Scottsdale is annually rated among the nation’s most desirable communities to live in, visit, and do business in. Scottsdale’s vibrant Old Town is considered the finest urban center in Arizona. The old town, even though much smaller than the surrounding Phoenix areas, is a thriving hub with shopping, food, galleries, nightlife, and many other exciting things to do. It’s home to more than 90 restaurants, 320 retail shops, and more than 80 art galleries. For a list of things to do and/or places to check out, visit cityofscottsdale.org or experiencescottsdale.com/old-town.
As Scottsdale is already an established location for vacationers and “snowbirds” (midwesterners or northerners who winter in the Southwest area, or warmer areas), rental property marketing doesn’t have to be a painstaking process. The area does well to market itself! As a property owner in the Phoenix area, all you have to do is capitalize on all the area has to offer and share the news with your guests before and during their visit. Your guests can spend the day browsing the Fifth Avenue shops, trying on Native American jewelry in Historic Old Town, or splurging at Scottsdale Fashion Square, the Southwest’s largest retail destination. After dark, they can dine at one of Old Town’s renowned restaurants, check out the weekly Scottsdale ArtWalk, or hit the clubs in the Entertainment District. One of the coolest things about the Old Town area is its accessibility! Whether your guests are utilizing a rental car or private services, they can essentially ride, or park, once to get to Old Town and then explore all it has to offer on foot.
All in all, owning a rental property in the Phoenix area has many perks, but one of the strongest is arguably the culture of Old Town Scottsdale. If you own property in the area or are looking to buy, be sure to share with your guests all Old Town has to offer to help make their stay unforgettably wonderful.