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518 28 Road , Building A 101

Grand Junction, CO 81501
  • $2,450,000
  • STATUS: Active
  • ON SITE: 23 Days
  • MLS #: 20264764
UPDATED: 43 min ago
$2,450,000
  • 18
    BEDS
  • 0.81
    ACRES
  • 17
    BATHS
  • 0
    1/2 BATHS
  • 11,272
    SQFT
  • $217
    $/SQFT
Neighborhood:
Omega Business
Type:
Single-Family Home
Built:
1982
County:
Mesa
Area:
Grand Junction City

School Information

Elementary School:
Orchard Avenue
Middle School:
Bookcliff
High School:
Central
School Ratings & Info

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.

Monthly Payment Calculator

© 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 2026-10-16T22:15:25.297 UTC.

www.westerncoloradodistinctiveproperties.com/homes/181455423
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518 28 Road , Building A 101 Grand Junction, CO 81501

  • Price: $2,450,000
  • Status: Active
  • On Site: 23 Days
  • Updated: 43 min ago
  • MLS #: 20264764
18
Beds
17
Baths
0
½ Baths
0.81
Acres
11,272
SQFT
$217
$/SQFT
1982
Built
Neighborhood:
Omega Business
County:
Mesa
Area:
Grand Junction City
Elementary School:
Orchard Avenue
Middle School:
Bookcliff
High School:
Central
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.
Exterior Features

Architectural Style Two Story Construction Materials Metal Frame Stucco Direction Faces East Exterior Features None Levels Two Lot Features Corner Lot Sprinklers In Front Landscaped Lot Size Dimensions irreg Patio And Porch Features None Road Frontage Type City Street Roof Metal

Interior Features

Appliances Dishwasher Electric Oven Electric Range Disposal Microwave Refrigerator Cooling Central Air Cooling YN Yes Fireplace YN No Flooring Carpet Laminate Foundation Details Slab Heating Ductless Forced Air Heating YN Yes Interior Features Window Treatments Programmable Thermostat Window Features Window Coverings

Property Features

Accessibility Features Other See Remarks Association Amenities Laundry Pets Allowed Association Fee Includes None Current Use Multi- Family Elevation 4560 Land Lease YN No Pets Allowed Yes Property Sub Type Apartment Sewer Connected Tax Annual Amount 8029 Tax Year 2026 Water Source Public Year Built Effective 2025 Zoning Description MU-2

Listing courtesy of Theresa Englbrecht of VENTURE GROUP: 970-892-2200.
© 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 2026-10-16T22:15:25.297 UTC.

 
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Coldwell Banker Distinctive Properties
131 N 6th Street, Suite 200
Grand Junction CO, 81501