4plex located in the heart of town less than 1/2 mile away from CMU. Fully leased with a current cap rate of 7.31%, and a pro-forma cap rate of 8.22+%. Separate storage building included with 5 storage units, one for each tenant and one for owner/maintenance. Each tenant has their own fenced yard space, private laundry services for washer/dryers, and plenty of parking on the property. Gas/Electric separately metered. New exterior paint, all new showers throughout, and 2 of the 4 units have been fully remodeled in the last couple of years, including all new paint, flooring, fixtures, vanities, showers, countertops, etc. Units have been rented within days of going vacant for the time owner has had it - low inventory for this product in this location. Located close to new car wash that was just built on North Avenue.
Disclosure: Exterior landscaping may be different than shown in photos as a result of Hurricane Ian.
Listed By
Agency Name: VENTURE GROUP
Agency Phone: 970-892-2200
Shown By
Agency Title: RE/MAX 4000 Inc.
Agency Phone: 970-241-4000
Send an email with a link to
2045 Bunting Avenue , Grand Junction, CO 81501.
Contact an agent to learn more about
2045 Bunting Avenue , Grand Junction, CO 81501.
Thank you for your inquiry! As a thank you, we have a Special Mortgage Offer for You.
We would like to provide you a free, no-obligation, home loan pre-approval review.
If the email address was found in our system, your password has been sent. Please check your inbox.
Back to Login