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516 28 3/4 Road

Grand Junction, CO 81502
  • $5,580,000
  • STATUS: Active
  • ON SITE: 150 Days
  • MLS #: 20254556
UPDATED: 72 min ago
$5,580,000
  • 28
    BEDS
  • 0.62
    ACRES
  • 28
    BATHS
  • 0
    1/2 BATHS
  • 20,888
    SQFT
  • $267
    $/SQFT
Neighborhood:
N/A
Type:
Single-Family Home
Built:
2025

School Information

Elementary School:
Middle School:
High School:

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!

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© 2026 Grand Junction MLS. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Coldwell Banker Distinctive Properties. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Coldwell Banker Distinctive Properties. Data last updated 2026-02-15T20:15:19.897 UTC.

www.westerncoloradodistinctiveproperties.com/homes/168013589
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516 28 3/4 Road Grand Junction, CO 81502

  • Price: $5,580,000
  • Status: Active
  • On Site: 150 Days
  • Updated: 72 min ago
  • MLS #: 20254556
28
Beds
28
Baths
0
½ Baths
0.62
Acres
20,888
SQFT
$267
$/SQFT
2025
Built
Neighborhood:
N/A
Area:
Grand Junction City
Elementary School:
Nisley
Middle School:
Bookcliff
High School:
Central
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!
Exterior Features

Architectural Style Two Story Construction Materials Stucco Wood Siding Wood Frame Direction Faces West Exterior Features None Sprinkler / Irrigation Levels Two Lot Features Irregular Lot Landscaped Sprinkler System Lot Size Dimensions Irregular Patio And Porch Features None Road Frontage Type City Street Roof Asphalt Composition

Interior Features

Appliances Dryer Electric Oven Electric Range Refrigerator Washer Basement None Cooling Central Air Window Unit(s) Cooling YN Yes Fireplace YN No Flooring Carpet Laminate Heating Electric Heating YN Yes Interior Features None

Property Features

Accessibility Features Grab Bars See Remarks Association Amenities None Association Fee 3542 Association Fee Frequency Annually Current Use Multi- Family Elevation 4800 Land Lease YN No Property Sub Type Apartment Sewer Connected Tax Annual Amount 11796 Tax Year 2025 Water Source Public Zoning Description MU-2

Listing courtesy of Stacey Cook of COOK REAL ESTATE & DEVELOPMENT: 970-424-2227.
© 2026 Grand Junction MLS. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Coldwell Banker Distinctive Properties. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Coldwell Banker Distinctive Properties. Data last updated 2026-02-15T20:15:19.897 UTC.

 
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Coldwell Banker Distinctive Properties
2499 US Highway 6 & 50
Grand Junction CO, 81505