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.

Property Features

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