BEDS28
BATHS
SQUARE FEET20,888
MLS#20254556
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Incredible Investment Opportunity ? Brand New Construction! Completed in 2025, this free-standing apartment building is part of a premium 83-unit community at 28 3/4 rd. and North Ave. It can be purchased individually or packaged with 512 (31 units $5,460,000) and 514 (24 units $4,740,000) for a total of $15,780,000 This property includes 28 modern 1 bedroom /1-bath apartments, all with stackable washer/dryers. 8 Units are fully furnished. * Fully leased with excellent tenants * Prime central location at 28 3/4 Rd. & North Ave.?steps from Walmart, Texas Roadhouse, Del Taco & more * High-quality new construction by Grand Junction Real Estate Investments * Strong, stable income stream with optional on-site management available This is a rare chance to secure a premier, turn-key multifamily investment in one of Grand Junction's fastest-growing and most in-demand corridors. Call today to learn more?opportunities like this don't come around often!
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air, Window Unit(s)
Heating: Electric
Home Style: Two Story
Lot Size: 0.62 Acres
Roof Type: Asphalt, Composition
Stories: 2.0
Taxes: $11,796
Year Built: 2025
Amenities
None
Sprinkler/Irrigation
Feature Descriptions
Accessibility: Grab Bars, See Remarks
Appliances: Dryer, Electric Oven, Electric Range, Refrigerator, Washer
Days on Site: 195
Exterior: Stucco, Wood Siding, Wood Frame
Flooring: Carpet, Laminate
HOA Fee: $3542/ Annually
Lot: Irregular Lot, Landscaped, Sprinkler System
Lot Dimensions: Irregular
Parcel#: 2943-074-76-010
Sewer: Connected
Units: 28
Water: Public
Zoning: MU-2
Local Schools
High School: Central
Middle School: Bookcliff
Elementary School: Nisley
Listed By / Shown By
Listed By
Agency Name: COOK REAL ESTATE & DEVELOPMENT
Agency Phone: 970-424-2227
Shown By
Agency Title: B.L. Realty, Inc.
Agency Phone: 970-623-0596
Estimate Your Payment
Estimated Payment
$ 35,249.67 per month $32,639.17 Principal & Interest $983.00 Property Tax $1,627.50 Homeowner's Insurance
516 28 3/4 Road | MLS# 20254556
This multi-family property located at 516 28 3/4 Road, Grand Junction, CO 81502 is currently listed for sale with an asking price of $5,580,000. Search Grand Junction real estate on www.blrealtygj.com today.