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31567756
31567757

174 S Mulberry St, Fruita, CO 81521 For Sale

BP
CO FA100069180
Venture Group
Listed by Venture Group
$1,300,000
95 days on market
Updated 46 days ago

174 S Mulberry Street Fruita Colorado

Details
APN 2697-172-23-019
Property Type Hospitality, Mixed Use (+1)
Sub Type Apartment Building, Motel
Square Footage 4,908
Units 7
Cap Rate 7.69%
NOI $100,000
Occupancy 100%
Pro-Forma Cap Rate 10.46%
Pro-Forma NOI $136,000
Price per SqFt $265
Broker Co-Op Yes
Year Built 1898
Year Renovated 2021
Buildings 1
Stories 3
Acreage 0.290
Zoning RSF-4
Investment Type Core
Ground Lease No

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

Listing Contacts

BP
CO FA100069180
Venture Group
Listed by Venture Group

Valuation Calculator

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$100,000.00
$8,333.33/mo

Valuation Metrics

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DSCR
7.69%
Cap Rate
7.69%
ROI

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Additional Information

Name
Becca Posner, CCIM
License
FA100069180
Brokerage Phone
9704242281
Brokerage Address
627 24 1/2 Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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