Singer, Prince announces his upcoming tour 'Welcome 2 America' at The Apollo Theater

Where: New York City, United States
When: 14 Oct 2010
Credit: L. Gallo/WENN.com

**Not available for publication in USA Magazines**

Prince’s Paisley Park Mansion Slated To Go Up For Sale, Heirs Prepare To Fight For Ownership

(AllHipHop News) Prince’s family is preparing to put up a fight as the deceased pop icon’s Paisley Park mansion is slated to go up for sale soon.

TMZ reports that Bremer Bank, which manages Prince’s Minnesota estate, submitted documents to the court to sell many of the legend’s properties, including the renowned Paisley Park.

An excerpt from the document indicating the bank’s intention to sale reads as follows:

“The properties that the special administrator is currently anticipating will be sold, and the appraised value of same are listed in spreadsheet attached as Exhibit A.”

The bank has reportedly already hired a real estate agent to sale the 60,000 plus square feet of Paisley Park, which has been appraised at just over $7 million.

The other properties, numbering at a dozen plus, were valued at more than $21 million as a collective.

Paisley Park will not be made available  for purchase without a fight however, as many of Prince’s heirs want to lay claim to the historical  home and studio, including half brother Alfred Jackson, who according to NY Daily News would like to turn the estate into a museum.

“We were given a tour of every inch of that 55,000-square-foot palace. It is museum-like in a great many ways,”  says Jackson’s lawyer Frank Weaton weeks before Prince’s death. “But it’s out of my area to speculate on what might happen.”

Owner of the grand estate Prince passed on April 21 at the age of 57 due to a fentanyl overdose.