514 28 3 4 Rd Grand Junction, CO 81501
Downtown Grand Junction NeighborhoodEstimated payment $26,248/month
Highlights
- 0.64 Acre Lot
- Ceiling Fan
- Carpet
- Landscaped
- Wood Siding
About This Home
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 516 (28 units $5,580,000) for $15,780,000 This property includes 24 1 bedroom /1-bath apartments all with stackable washer/dryers with 8 units 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!
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $11,942
Year Built
- Built in 2025
Lot Details
- 27,878 Sq Ft Lot
- Landscaped
HOA Fees
- $295 Monthly HOA Fees
Home Design
- Slab Foundation
- Wood Frame Construction
- Asphalt Roof
- Wood Siding
- Stucco Exterior
Interior Spaces
- 2-Story Property
- Ceiling Fan
Kitchen
- Electric Oven or Range
- Microwave
- Disposal
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 24 Bedrooms
- 24 Bathrooms
Laundry
- Dryer
- Washer
Schools
- Nisley Elementary School
- Bookcliff Middle School
- Central High School
Utilities
- Refrigerated Cooling System
- Window Unit Cooling System
- Separate Meters
- Separate Water Meter
Community Details
- 24 Units
- 17,904 Sq Ft Building
Listing and Financial Details
- Assessor Parcel Number 2943-074-78-001
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/02/2026 04/02/26 | Pending | -- | -- | -- |
| 01/26/2026 01/26/26 | Price Changed | $4,740,000 | -5.2% | $265 / Sq Ft |
| 11/14/2025 11/14/25 | Price Changed | $5,000,000 | -8.1% | $279 / Sq Ft |
| 09/05/2025 09/05/25 | For Sale | $5,441,000 | -- | $304 / Sq Ft |
Source: Grand Junction Area REALTOR® Association
MLS Number: 20254550
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