518 28 Road #Building A 101, Grand Junction, CO 81501 (MLS # 20264764)

Price $2,450,000
Status Active
Beds 18
Baths 17 Baths
Home size 11,272 sqft
Lot Size 35,284 sqft
Days on Market 25
An exceptional investment opportunity: a 17-unit apartment building totaling 11,272 square feet. "¢ 16 one-bedroom units and one two-bedroom unit "¢ Recently updated kitchens, bathrooms, lighting, and flooring with a modern aesthetic "¢ Projected 6.0% return on investment Location and Market Prime location in desirable western Colorado, supported by a strong rental market. Rent roll, unit sizes and Proforma available by request.
Property Type(s): Residential Income
Last Updated 9/22/2026 Tract Omega Business
Year Built 1982 Community Grand Junction City
County Mesa

SCHOOLS

Elementary School Orchard Avenue
Jr. High School Bookcliff
High School Central

Additional Details

AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Disposal, Electric Oven, Electric Range, Microwave, Refrigerator
AREA Grand Junction City
CONSTRUCTION Stucco
EXTERIOR None
HEAT Ductless, Forced Air
LOT 0.81 acre(s)
LOT DESCRIPTION Corner Lot, Landscaped, Sprinklers In Front
LOT DIMENSIONS irreg
STORIES 2
STYLE TwoStory
SUBDIVISION Omega Business
TAXES 8029
UTILITIES Sewer Connected
WATER Public
ZONING MU-2

Location

 

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Listing provided by THERESA ENGLBRECHT, VENTURE GROUP
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