
174 S Mulberry Street Fruita Colorado
Hospitality | 7.69% CAP | 7 Keys
Marketing description
This high-performing, turnkey short-term rental asset presents a compelling investment opportunity in the thriving destination market of Fruita, Colorado—just two blocks from Main Street.
The property consists of a fully renovated early-1900s building reconfigured into seven income-producing units, each thoughtfully upgraded with durable, high-end finishes including granite countertops, tile and marble bathrooms, and distinctive design elements that drive premium nightly rates and repeat bookings.
The asset has an established presence on Airbnb and VRBO with a proven track record of strong occupancy and consistent cash flow. Historical NOI averages approximately $115,000 annually. Recent strategic leasing of two units to long-term tenants provides income stability while maintaining upside through short-term rental demand.
This is a true plug-and-play investment: the property is being offered fully furnished with all operational systems, booking platforms, and management processes already in place. Minimal ramp-up required for a new owner.
Additional value-add potential exists with the opportunity to convert the third floor into an approximately 800 SF eighth unit, creating immediate upside in both revenue and asset valuation.
https://view.bluesprucemedia.com/media/download2.asp?B0AAAF141F554490A3E0A07566FFEF76
Investment highlights
- 7-unit Short-Term Rental Business
- Turn-Key fully furnished
- Fully renovated with exceptional taste and style
- Located in Downtown Fruita, CO (Destination community for all things outdoors)
- Averages $115K NOI annually
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