518 28 Road, Grand Junction, CO 81501
518 28 Road, Grand Junction, CO 81501
518 28 Road, Grand Junction, CO 81501
518 28 Road, Grand Junction, CO 81501
518 28 Road, Grand Junction, CO 81501
518 28 Road, Grand Junction, CO 81501
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$ 2,450,000
Est. payment | /mo

18 Beds

17 Baths

11,272 SqFt


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$ 2,450,000
Est. payment | /mo
Save

18 Beds

17 Baths

11,272 SqFt

Key Details

Property Type Single Family Home, Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 11,272 sqft

Price per Sqft $217

Subdivision Omega Business

MLS Listing ID 20264764

Style Two Story

Bedrooms 18

Year Built 1982

Annual Tax Amount $8,029

Tax Year 2026

Acres 0.81

Lot Dimensions irreg

Property Sub-Type Apartment

Property 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.

Location

State CO

County Mesa

Area Grand Junction City

Direction NE Corner of 28 Road and Elm Street.

Interior

Interior Features Window Treatments, Programmable Thermostat

Heating Ductless, Forced Air

Cooling Central Air

Flooring Carpet, Laminate

Fireplace false

Window Features Window Coverings

Appliance Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator

Exterior

Exterior Feature None

Amenities Available Laundry, Pets Allowed

Roof Type Metal

Present Use Multi-Family

Handicap Access Other, See Remarks

Porch None

Building

Lot Description Corner Lot, Sprinklers In Front, Landscaped

Faces East

Story 2

Foundation Slab

Sewer Connected

Water Public

Level or Stories Two

Structure Type Metal Frame,Stucco

Schools

Elementary Schools Orchard Avenue

Middle Schools Bookcliff

High Schools Central

Others

HOA Fee Include None

Tax ID 2943-073-25-001 -011

Pets Allowed Yes

Listed by VENTURE GROUP

Nearby Locations

Clayton Smith

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(970) 683-8595

clayton@claytonsellsgj.com

131 N 6th Street STE 200, Grand Junction, Colorado 81501, USA

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518 28 Road