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Investment opportunity to purchase four townhomes located at 581 W Indian Creek Drive, including units: 2, 4, 5, & 6 at a 5.7% Cap Rate. Two of four units are leased on 1-year terms and offer an income-producing asset in a strong rental market. Units were all built in 2022 and feature modern floor plans. Units 2, 5, & 6 are single story and offer 3-bedrooms and 2-bath with nice open concept. Unit 4 is a 2-story unit and features 3-bedrooms and 3-bathrooms. All units come with refrigerators, dishwashers, ranges, microwaves, and in unit washers and dryers. All units come with attached 2-car garages.
Property Type(s):
Multi Family
| Last Updated | 11/2/2025 | Tract | Peppertree |
|---|---|---|---|
| Year Built | 2022 | Community | Grand Junction City |
| County | Mesa |
SCHOOLS
| Elementary School | Nisley |
|---|---|
| Jr. High School | Bookcliff |
| High School | Central |
Price History
| Prior to Nov 2, '25 | $1,799,000 |
|---|---|
| Nov 2, '25 - Today | $1,699,000 |
Additional Details
| AIR | Ceiling Fan(s), Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AMENITIES | Maintenance Structure, Snow Removal |
| APPLIANCES | Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Range, Microwave, Range Hood, Refrigerator, Washer |
| AREA | Grand Junction City |
| CONSTRUCTION | Stone, Stucco |
| EXTERIOR | None |
| HEAT | Forced Air |
| HOA DUES | 155|Monthly |
| INTERIOR | Ceiling Fan(s), Pantry, Walk-In Closet(s) |
| LOT | 3485 sq ft |
| LOT DESCRIPTION | Landscaped |
| LOT DIMENSIONS | 117' x 28' |
| STYLE | Other, SeeRemarks |
| SUBDIVISION | Peppertree |
| TAXES | 7412.18 |
| UTILITIES | Sewer Connected |
| WATER | Public |
| ZONING | RM-8 |
Location
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Listing provided by CORY CARLSON, VENTURE GROUP
Listing information is deemed reliable, but not guaranteed.
This IDX solution is (c) Diverse Solutions 2025.
