Three Rivers Specialty for Sale - E Outlying Tulare County
Operational business & rental income opportunity: offering (7) residential units totaling ±7,800 SF currently utilized as Air BnB properties in Three Rivers, CA. Property consists of (1) triplex (#A–C) and (4) separately metered units with covered parking, all situated on ±10.86 acres. The triplex includes Unit A, ±1,200 SF with 2 bedrooms and 2 bathrooms; Unit B, ±1,250 SF with 2 bedrooms and 2 bathrooms; and Unit C, ±1,200 SF, also configured as 2 bedrooms and 2 bathrooms. Unit D, located up the road, is ±900 SF and features 1 bedroom, 1 office, and 1.5 bathrooms. Unit E is ±1,000 SF and offers 1 bedroom, 1 basement room, and 2 bathrooms. Further up the road, Unit F is ±1,250 SF and includes 2 bedrooms and 2 bathrooms. Lastly, Unit G is ±1,000 SF with 1 bedroom, 1 loft room, and 2 bathrooms. The units are spacious, there is on-site parking and exterior lighting throughout the property. Low cost County sewer/water services in place. The property is within a few miles from restaurants, shops, & just 4 miles from the entrance to Sequoia Park.
Value-Add Investment Opportunity: This asset presents a rare opportunity to acquire a stabilized short-term rental property in the high-demand market of Three Rivers, CA, with clear upside potential. The current operation includes 7 Airbnb units 5 of which are restricted to single-bedroom occupancy and marketed exclusively to couples but can accommodate up to 4 to 6 people if needed. However, the property contains a total of 10 bedrooms, offering immediate value-add upside through reconfiguration and utilization of all available sleeping areas. The value-add strategy consists of increasing nightly rates over time, driven by the property's highly desirable location, proximity to Sequoia National Park, and the all-inclusive, turnkey rental experience. Actual rents generate $394,750.20 in gross annual income with limited operational optimization. A strategic adjustment to fully utilize existing bedrooms and increase average nightly rates by $50–$100 positions the property to achieve a realistic stabilized gross income of approximately $450,000 annually. This unique offering features easy-to-rent, small-format units within an under-supplied market and strong traveler demand. Once stabilized, the investment is projected to yield an 8.82% cap rate, making it a highly attractive option for investors seeking cash-flowing hospitality assets with operational upside.
