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Great single-tenant investment opportunity offering a 6.6% cap rate. Built in 2021, this well-maintained 3-bedroom, 3-bath townhome features a 2-car garage and modern finishes throughout. Tenant currently in place on a 1-year lease at $2,400 per month with lease expiration of 4/30/2027, providing immediate and stable rental income for investors. Units 2, 4, 5, and 6 can be purchased together for $1,636,000.
Property Type(s):
Condo/Townhouse/Co-Op
| Last Updated | 5/18/2026 | Tract | Peppertree |
|---|---|---|---|
| Year Built | 2021 | Community | Grand Junction City |
| Garage Spaces | 2.0 | County | Mesa |
SCHOOLS
| Elementary School | Nisley |
|---|---|
| Jr. High School | Bookcliff |
| High School | Central |
Additional Details
| AIR | Ceiling Fan(s), Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Electric Oven, Electric Range, Microwave, Range Hood |
| AREA | Grand Junction City |
| CONSTRUCTION | Stone, Stucco |
| EXTERIOR | None |
| GARAGE | Yes |
| HEAT | Forced Air |
| HOA DUES | 155|Monthly |
| INTERIOR | Ceiling Fan(s), Granite Counters, Pantry, Walk-In Closet(s) |
| LOT | 3485 sq ft |
| LOT DIMENSIONS | 117' x 28' |
| PARKING | Attached, Garage |
| STORIES | 1 |
| STYLE | Ranch |
| SUBDIVISION | Peppertree |
| 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 2026.
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