Turnkey Apartment Building
174 S Mulberry Street Fruita, CO 81521
174 S Mulberry Street, Fruita, CO, 81521
$1,300,000
For Sale
$1,300,000
COMMERCIAL - Fruita, CO
Days on Market101
Property Features for 174 S Mulberry Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
Taxes and HOA fees
- Tax Annual Amount
- 3327
Listing Agency
VENTURE GROUP
(970) 892-2200
627 24 1/2 RD UNIT D, GRAND JUNCTION, CO
Listed by
Becca Posner · License #FA100069180
(970) 424-2281
Added: Apr 8 Checked: Jul 17 at 7:06 am
MLS# 20261584
Copyright © 2026 Grand Junction Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This beautifully restored early-1900s apartment property has been remodeled from top to bottom and transformed into seven fully operational apartments and suites. The interiors are designed for a standout guest experience, including granite countertops, custom tile and marble bathrooms, and distinctive finishes throughout. The sale includes all furnishings, supporting a true turnkey transition, and the seller is prepared to assist with transferring systems and processes for a smooth handoff. Current operations include a proven short-term rental component on major platforms, with strong performance reported as near year-round occupancy.
The property is located just two blocks from the heart of downtown Fruita, Colorado, in a highly desirable destination community. As a result, the building has developed a solid reputation with consistent demand, while maintaining a mix of revenue drivers through recently leased long-term units.
For buyers seeking an immediately productive income asset, this well-finished, guest-ready configuration provides a practical path to cash flow without the delays of renovation or setup. With management systems already in place, an owner can step in and continue operating as established. There is also documented upside potential, including the opportunity to convert the third floor into an additional approximately 800 SF income-producing unit, adding scalability alongside the historical NOI averaging approximately $115,000 annually.
The property is located just two blocks from the heart of downtown Fruita, Colorado, in a highly desirable destination community. As a result, the building has developed a solid reputation with consistent demand, while maintaining a mix of revenue drivers through recently leased long-term units.
For buyers seeking an immediately productive income asset, this well-finished, guest-ready configuration provides a practical path to cash flow without the delays of renovation or setup. With management systems already in place, an owner can step in and continue operating as established. There is also documented upside potential, including the opportunity to convert the third floor into an additional approximately 800 SF income-producing unit, adding scalability alongside the historical NOI averaging approximately $115,000 annually.
Key Highlights
- Turnkey investment property with seven fully operational, uniquely designed apartments/suites.
- Proven short‑term rental performance with near year‑round occupancy and strong reputation on Airbnb/VRBO.
- Historical Net Operating Income (NOI) averaging approximately $115,000 annually.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Short term rental ...
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Completely remodeled early-1900s building offering seven furnished units with established short-term rental performance.
Where is this apartment building located?
The property is located at 174 S Mulberry Street Fruita, CO.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Turnkey investment property with seven fully operational, uniquely designed apartments/suites.; Proven short‑term rental performance with near year‑round occupancy and strong reputation on Airbnb/VRBO.; Historical Net Operating Income (NOI) averaging approximately $115,000 annually.