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518 28 Road #Building A 101, Grand Junction, CO 81501

Grand Junction
Local realty services provided by:CENTURY 21 CapRock Real Estate
518 28 Road #Building A 101,Grand Junction, CO 81501
$2,450,000
  • 18 Beds
  • 17 Baths
  • 11,272 sq. ft.
  • Multi-family
  • Active
Listed by: theresa englbrecht
Office: venture group
MLS#:20264764
Source:CO_GJARA

Price summary

  • Price:$2,450,000
  • Price per sq. ft.:$217.35

About this home

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.

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Home facts

  • Year built:1982
  • Subdivision & Development:Omega Business
  • Listing ID #:20264764
  • Added:1 day(s) ago
  • Updated:September 23, 2026 at 01:43 AM

Rooms and interior

  • Bedrooms:18
  • Total bathrooms:17
  • Full bathrooms:17
  • Flooring:Carpet, Laminate
  • Kitchen Description:Dishwasher, Disposal, Electric Oven, Electric Range, Microwave, Refrigerator
  • Living area:11,272 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Roof:Metal
  • Year built:1982
  • Building area:11,272 sq. ft.
  • Lot area:0.81 Acres
  • Lot Features:Corner Lot, Landscaped, Sprinklers In Front
  • Construction Materials:Metal Frame, Stucco
  • Foundation Description:Slab
  • Levels:2 Story

Schools

  • High school:Central
  • Middle school:Bookcliff
  • Elementary school:Orchard Avenue

Utilities

  • Water:Public
  • Sewer:Connected

Finances and disclosures

  • Price:$2,450,000
  • Price per sq. ft.:$217.35
  • Tax amount:$8,029 (2026)

Features and amenities

  • Appliances:Dishwasher, Disposal, Electric Oven, Electric Range, Microwave, Refrigerator
  • Amenities:Programmable Thermostat, Window Coverings

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