$6,989,000

Estimated payment $42,144/month

Total Views 112
52 Beds
46 Baths
25,008 Sq Ft
$279 Price per Sq Ft

Highlights

  • EPA Indoor Air Quality Plus
  • 2-Story Property
  • 1 Car Attached Garage
  • Home Energy Rating Service (HERS) Rated Property
  • Solid Surface Countertops
  • Walk-In Closet

About This Home

Turnkey Rental Portfolio for sale. All new construction. 16 homes - 14 townhomes, 2 single family homes. 11 townhomes in Meridian Park, 2 single family homes in Shadow Mesa, 3 townhomes at Row Homes at Bunting (1 block from college). Cap Rate Avg with current rents and current value = 5.74%. 12 currently rented, 4 in progress/listed. Benefits include cost segregation, tax benefits, appreciation, cash flow, low maintenance neighborhoods, low maintenance new construction. HOA in all subdivisions covers snow removal, landscape maintenance, fiber internet, trash (in Meridian park and Shadow Mesa)

Listing Agent

Wendi Gechter

BOA SALES GROUP Brokerage Phone: 970-216-5912 License #FA100083993 Listed on: 07/01/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,858

Year Built

  • Built in 2025

Lot Details

  • Lot Dimensions are 22x76
  • Landscaped
  • Sprinkler System

HOA Fees

  • $1,825 Monthly HOA Fees

Home Design

  • 2-Story Property
  • Slab Foundation
  • Wood Frame Construction
  • Asphalt Roof
  • Stucco Exterior
  • Radon Mitigation System

Interior Spaces

  • Whole House Fan
  • Ceiling Fan
  • ENERGY STAR Qualified Windows
  • Window Treatments

Kitchen

  • Electric Oven or Range
  • Induction Cooktop
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 52 Bedrooms
  • Walk-In Closet
  • 46 Bathrooms
  • Low Flow Toliet
  • Low Flow Shower

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Accessible Home Design

  • Accessible Hallway

Eco-Friendly Details

  • Home Energy Rating Service (HERS) Rated Property
  • Energy-Efficient Lighting
  • No or Low VOC Paint or Finish
  • EPA Indoor Air Quality Plus
  • Watersense Fixture

Schools

  • Lincoln Om Elementary School
  • Orchard Mesa Middle School
  • Grand Junction High School

Utilities

  • Refrigerated Cooling System
  • SEER Rated 13+ Air Conditioning Units
  • Forced Air Heating System
  • Heat Pump System
  • High-Efficiency Furnace
  • Heat or Energy Recovery Ventilation System
  • Programmable Thermostat
  • Separate Meters
  • Separate Water Meter
  • High-Efficiency Water Heater
  • Septic Design Installed

Community Details

  • $1,300 HOA Transfer Fee
  • 16 Units
  • 25,008 Sq Ft Building
  • Row Homes At Meridian Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2945-123-35-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,858

Year Built

Built in 2025

Lot Details

0

HOA Fees

$1,825 per month

Listing Details

  • Access Medical Inclusions: Wide Hallway(s)
  • Construction: Wood Frame, Improved Insulation
  • Current Use: Residential
  • Elevation: 4651
  • Energy Rated: Yes
  • Energy Rating: HERS, ZERH, ES
  • Exterior Features: Sprinklers
  • Fronts: W
  • Heating Type: Electric, Forced Air, Heat Pump, High Effic Furnace/Boiler, High Effic Water Heater, Insulation Airsealingupgr
  • How Built: Site Built
  • Lot Dimensions: 22x76
  • Lvt Date: 07/01/2025
  • Property Type: Multi-Family
  • Real Estate Incl: Yes
  • Sewer: Sewer Installed
  • Sewer Company: City Of Gj
  • Street Desc Access: Concrete, Paved, Private, Shared Drive
  • Style: 2 Story, Ranch
  • Taxes: 22858
  • Tax Year: 2025
  • Water: City Water
  • Zoning: MU-2
  • Total Building Sq Ft: 25008
  • Display On Internet: Yes
  • Separate Electric Meters: Yes
  • Separate Water Meters: Yes
  • Garage Capacity: 1
  • Garage Type: Attached
  • Garage Capacity: 1
  • Garage Type: Attached
  • Garage Capacity: 2
  • Garage Type: Attached
  • Garage Capacity: 1
  • Garage Type: Attached
  • Garage Capacity: 2
  • Year Built: 2025
  • Directions: Discuss with Listing Agent. Shadow Mesa Subdivision(Orchard Mesa), Meridian Park Subdivision (Orchard Mesa), 1290 N 12th St.(next to college)
  • Subdivision Name: Row Homes at Meridian Park
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Number Bedrooms: 52
  • Appliances: Dishwasher-All, Dryer-All, Electric Range/Oven-All, Garbage Disposal-All, Microwave Built-In-All, Refrigerator-All, Washer-All
  • Basement Foundation: Slab
  • Floor: Carpet, Luxury Vinyl Planking
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Low Flow Showers, Low Flow Toilets, Walk-In Closet(s), Window Coverings, Pantry, Solid Counter Tops, No Or Low Voc Paint, Radon Mitigation System, Induction Cooktop
  • Bathrooms: 46
  • Price Per Sq Ft: 279.47
  • Fireplaces: Fireplace(s)-None

Exterior Features

  • Landscaping: Landscape All
  • Exterior Siding: Stucco
  • Roof: Asphalt Composition

Utilities

  • Cooling Type: Heat Pump, High Seer A/C, Refrigerated Central Air, Whole House Fan
  • Electric Company: Xcel
  • Water Company: Ute
  • Laundry: W/D Hookups In All Units

Condo/Co-op/Association

  • HOA Transfer Fee: 1300

Schools

  • Elementary School: Lincoln OM
  • Middle School: Orchard Mesa
  • High School: Grand Junction
  • Elementary School: Lincoln OM
  • High School: Grand Junction

Green Features

  • Energy Features: Energy Star/Low E Windows, Home Energy Rating System, Heating Recovery Vent/Fas, Indoorairquality+energyst, High Efficiency Lighting, Programmable Thermostat, Watersense By Energy Star

Lot Info

  • Lot Description: 0' - 75' Frontage
  • Lot Size: A: 0-0.24
  • Parcel Number: 2945-123-35-002
  • Geo Update Timestamp: 2025-07-01
  • Geo Subdivision: CO

Multi Family

  • Total Number Units: 16

MLS Schools

  • Middle School: Orchard Mesa

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- $17,390 $4,700 $12,690
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 For Sale $6,989,000 -- $279 / Sq Ft
Source: Grand Junction Area REALTOR® Association

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Omnia Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $360,000 New Conventional
Source: Public Records

Source: Grand Junction Area REALTOR® Association

MLS Number: 20253117

Grand Junction Area REALTOR® Association

APN: R105657