$2,450,000
 $13,152 est/mo Sourced by Back At You

518 28 Road,Grand Junction, CO 81501

Grand Junction, CO 81501

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Description

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.

Details

MLS #20264764
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1982
Days On Site33
Listing Provided ByVENTURE GROUP | THERESA ENGLBRECHT

Features

Bed(s)18
Bath(s)17
SQ Feet11,272
Story(s)2
Units17
ZoningMU-2
Acreage0.81

Exterior

Lot FeaturesCorner Lot, Sprinklers In Front, Landscaped

Taxes

Tax Annual Amount8029

Area Information

StateCO
CountyMesa
CityGrand Junction
Zip Code81501
AreaGrand Junction City
Community NameOmega Business
Listing VS Median (in Omega Business)
Price:
$2,450,000
low | high
Med:
$2,450,000
50% of Average
sqft:
11,272
low | high
Med:
11,272
50% of Average
$ / sqft:
$217
low | high
Med:
$217
50% of Average
On site:
33
low | high
Med:
33
100% of Average
Sourced by Back At You

Market Activity 81501

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Additional Information


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Learn More About This Property

StateCO
CountyMesa
CityGrand Junction
Zip Code81501
AreaGrand Junction City
Community NameOmega Business
Listing VS Median (in Omega Business)
Price:
$2,450,000
low | high
Med:
$2,450,000
50% of Average
sqft:
11,272
low | high
Med:
11,272
50% of Average
$ / sqft:
$217
low | high
Med:
$217
50% of Average
On site:
33
low | high
Med:
33
100% of Average
Sourced by Back At You
Listing Updated: September 28, 2026 at 10:56:28 PM PDT