$1,100,000

885 S Grand Mesa Dr Cedaredge, CO 81413

Estimated payment $6,160/month

-- Bed
15.5 Baths
4,494 Sq Ft
$245 Price per Sq Ft

About This Home

This home is located at 885 S Grand Mesa Dr, Cedaredge, CO 81413 and is currently priced at $1,100,000, approximately $244 per square foot. This property was built in 1960. 885 S Grand Mesa Dr is a home located in Delta County with nearby schools including Cedaredge Elementary School, Cedaredge Middle School, and Cedaredge High School.

Listing Agent

Curtis McCrackin

Mountain Valley Realty LLC Listed on: 12/09/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960 | Remodeled in 2021

Lot Details

  • 0.29 Acre Lot

Parking

  • 2 Car Detached Garage

Interior Spaces

  • 2-Story Property

Schools

  • Cedaredge K-5 Elementary School
  • Cedaredge 6-8 Middle School
  • Cedaredge 9-12 High School

Listing and Financial Details

  • Assessor Parcel Number 319329300008

Community Details

Overview

  • 13 Units
  • Cedaredge Fruit Grow Subdivision

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $71,994
  • Gross Income $164,604
  • Net Operating Income $92,610

Property Details

Home Type

Multi-Family

Year Built

Built in 1960 | Remodeled in 2021

Lot Details

0

Listing Details

  • Estimated Total Acres: 0.29
  • Class: Multifamily
  • Em Deposit: 10000
  • Em Holder: Land Title Guarantee
  • Legal Lot Block: S: 29 T: 13S R: 94W Subdivision: CEDAREDGE FRUIT GROWERS ASSN SUBD Lot: 65 TOTAL AC .290+-SEC 29 T13S R94W 6PM
  • Lot Size Acreage: Less than 1/2
  • Parcel Id Number: 319329300008
  • Price Per Sq Ft: 244.77
  • Residence Stories: Two Story
  • Sale/Rent: For Sale
  • Street Designation: Drive
  • Tax Account Id: R003619
  • Zoning: Live/Work
  • Cap Rate Percent: 8.5
  • Multi Story: Yes
  • Property Mngr: Owner
  • Total Number Electric Meters: 3
  • Total Number Gas Meters: 2
  • Total Number Water Meters: 1
  • Total Taxes Dollar: $4,485.64
  • Year Built: 1960
  • Year Renovated: 2021
  • Prop Description Remarks: Named "BEST HOTEL" for Delta County 2025. Very well-kept Inn and Suites in the heart of Cedaredge Colorado. Solid numbers and a recent appraisal to support the asking price. Additional business, Scoops ice cream parlor adds to the revenue, as does a well-cared for double wide mobile home rental on site. The owners also have an owner's suite, 2 bed 2 bath and a 2 car garage with a total of 16 bedrooms and 16 baths. Located on the south slope of the Grand Mesa in sunny western Colorado. Walking distance to grocery, downtown, schools, golf and more. Nordic skiing, down hill skiing, hiking, fishing, hunting, are all within an hour drive. Come take a look for yourself.
  • Subdv Name: Cedaredge Fruit Grow
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1074

Interior Features

  • Estimated Total Sq Ft: 4494
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 7
  • Total Bathrooms: 16
  • Main Level Sq Ft: 2485
  • Total Office Den: 0
  • Upper Level Sq Ft: 2325

Garage/Parking

  • Garage Type: Detached Garage
  • Garage: Yes
  • Parking Spaces: 14
  • Garage Capacity: 2

Utilities

  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Black Hills Energy
  • Sewer Supplier: Town of Cedaredge
  • Water Supplier: Town of Cedaredge

Schools

  • High School: Cedaredge 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Multi Family

  • No. of Units: 13
  • Gross Annual Expenses: 71994
  • Gross Scheduled Income: 164604
  • Net Operating Income: 92610

Tax Info

  • Tax Year: 2024

MLS Schools

  • Elementary School: Cedaredge K-5
  • Middle School: Cedaredge 6-8

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $4,486 $65,821 $9,681 $56,140
2023 $4,486 $65,821 $9,681 $56,140
2022 $4,103 $61,248 $9,980 $51,268
2021 $3,984 $61,432 $10,021 $51,411
2020 $4,859 $72,699 $10,567 $62,132
2019 $4,852 $72,699 $10,567 $62,132
2018 $4,697 $67,101 $11,012 $56,089
2017 $4,696 $67,101 $11,012 $56,089
2016 $3,853 $59,813 $9,976 $49,837
2014 -- $54,167 $9,240 $44,927
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2025 12/09/25 For Sale $1,100,000 -- $245 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $450,000 Land Title Guarantee
Warranty Deed $340,000 Land Title Guarantee Co
Warranty Deed $339,000 Land Title Guarantee Company
Deed $280,000 --
Deed $79,000 --
Deed $185,000 --
Deed $169,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $292,500 Commercial
Source: Public Records

Source: Colorado Real Estate Network (CREN)

MLS Number: 830354

Colorado Real Estate Network (CREN)

APN: R003619

Colorado Delta County Cedaredge 81413

885 S Grand Mesa Dr, Cedaredge, CO

For Sale

MultiFamily

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Colorado Real Estate Network (CREN) IDX information is provided exclusively for 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 not guaranteed.

Nearby Homes
Curtis McCrackin
Listing Agent
Curtis McCrackin
Section Image
Mountain Valley Realty LLC
(970) 698-7923