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514 28 3/4 Road
Grand Junction, CO 81502

$4,740,000 - Status: Active
Sq Feet Icon :
MLS Icon MLS# 20254550

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 516 (28 units $5,580,000) for $15,780,000 This property includes 24 1 bedroom /1-bath apartments all with stackable washer/dryers with 8 units 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

MLS#: 20254550
Zip: 81502
Subdivision:
Development: Grand Junction City
Property Type: Multi Unit - Multiple
Number of Units: 24
Cooling: Central Air, Window Unit(s)
Days on Market: 208
Heating: None
Home Style: Two Story
Lot Size:
Roof Type: Asphalt, Composition
Stories: 2.0
Taxes: $11,942
Year Built: 2025

Feature Descriptions

Accessibility: Other, See Remarks
Appliances: Dryer, Electric Oven, Electric Range, Disposal, Microwave, Other, Refrigerator, See Remarks, Washer
Exterior: Stucco, Wood Siding, Wood Frame
Flooring: Carpet, Laminate
HOA Fee: $3542/ Annually
Interior Features: Ceiling Fan(s), None
Laundry: Dryer Hookup
Lot Description: Landscaped
Lot Dimensions: Irregular
Parcel#: 2943-074-78-001
Parking: Guest
Parking Notes: Guest
Sewer: Connected
Units: 24
Water: Public
Zoning: MU-2

Local Schools

High School: Central
Middle School: Bookcliff
Elementary School: Nisley

Disclosure: Exterior landscaping may be different than shown in photos as a result of Hurricane Ian.

Listed By / Shown By

Listed By

Agency Name: COOK REAL ESTATE & DEVELOPMENT
Agency Phone: 970-424-2227

Shown By

Agency Title: RE/MAX 4000 Inc.
Agency Phone: 970-241-4000

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