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Ely Danner

edanner@residentrealty.com +1(970) 261-3874

$ 1,300,000

Est. payment | -/mo

9 Beds

7 Baths

4,908 SqFt

Save Virtual Tour

$ 1,300,000

Est. payment | -/mo

Save Virtual Tour

9 Beds

7 Baths

4,908 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,908 sqft

Price per Sqft $264

MLS Listing ID 20262637

Style Other,See Remarks

Bedrooms 9

Year Built 2020

Annual Tax Amount $4,896

Tax Year 2026

Acres 0.29

Lot Dimensions 90 x 127

Property Sub-Type Multi Family

Property Description

This is a rare, turnkey investment opportunity just two blocks from the heart of downtown Fruita, Colorado—one of the region'smost desirable destination communities. This beautifully restored early-1900s property has been completely remodeled fromtop to bottom and thoughtfully transformed into seven fully operational apartments and suites. Each unit has been meticulouslydesigned with its own unique style, featuring granite countertops, custom tile and marble bathrooms, and distinctive finishesthat create a memorable guest experience. The property has built a strong reputation on short-term rental platforms like Airbnband VRBO, maintaining consistent, near year-round occupancy. To further stabilize income, two units have recently beenleased to long-term tenants, balancing demand and revenue streams. There is truly nothing else like this in Fruita—this vibrant,character-rich property stands out with its charm, color, and proven performance. The sale includes all furnishings, making thisa seamless, plug-and-play operation. Sellers are committed to a smooth transition and will assist the buyer in transferringsystems and processes. With a historical NOI averaging approximately $115,000 annually and additional upsidepotential—including the opportunity to convert the third floor into an additional ~800 SF income-producing unit—this propertyoffers both immediate cash flow and future growth. All management systems are fully established and ready for a new ownerto step in and succeed. If you've been searching for a profitable, turnkey business with charm, scalability, and strongdemand—this is it.

Location

State CO

County Mesa

Area Fruita

Direction From E Apsen in Fruita , head south onto S Mulberry St.,property is on the east corner.

Rooms

Basement Other, See Remarks

Interior

Interior Features Other, See Remarks

Heating Forced Air

Cooling Other, See Remarks

Flooring Carpet, Laminate, Tile

Fireplaces Type Other, See Remarks

Appliance Other, See Remarks

Exterior

Exterior Feature None

Amenities Available Other, See Remarks

Roof Type Asphalt,Composition

Present Use Commercial

Handicap Access Other, See Remarks

Porch None

Building

Lot Description Corner Lot, None

Faces West

Sewer Connected

Water Public

Additional Building Outbuilding

Structure Type Other,See Remarks,Vinyl Siding,Wood Siding

Schools

Elementary Schools Shelledy

Middle Schools Fruita

High Schools Fruita Monument

Others

HOA Fee Include None

Tax ID 2697-172-23-019

Virtual Tour https://view.bluesprucemedia.com/media/download2.asp?B0AAAF141F554490A3E0A07566FFEF76

Listed by VENTURE GROUP

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Phone

+1(970) 261-3874

edanner@residentrealty.com

174 S Mulberry Street Fruita, CO 81521