About This Home

This 18-bedroom, 17-bathroom multi-family at 518 28 Road #Building A 101 in Grand Junction, CO is listed for $2,450,000 ($217 per sqft). Built in 1982, the home offers 11,272 sqft of living space on a 0.81 acres lot.

Key Features

  • Built in 1982
  • 0.81 acre lot
  • 2 stories

Property Details

2 stories
17 full
#Building A 101
1982

Amenities

A/C
Listing 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 Cost Estimate

$13,103/mo

20% down · 6.5% · 30 years

Principal$1,772
Interest$10,617
Insurance$715

Estimates only. Actual payments may vary.

Location

518 28 Road #Building A 101

Grand Junction, CO 81501

Omega Business

Features & Amenities

Interior Features

WindowTreatmentsProgrammableThermostat

Property Details

Flooring

CarpetLaminate

Construction

MetalFrame Stucco

Heating

Ductless (Heating)Forced Air

Cooling

Central Air

Appliances

DishwasherElectricOvenElectricRangeDisposalMicrowaveRefrigerator

Questions & Answers

This 18-bedroom, 17-bathroom multi-family at 518 28 Road is listed at $2,450,000 ($217/sqft). The estimated monthly payment is $13,104 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1982, 0.81 acre lot, 2 stories. Interior Features: WindowTreatments, ProgrammableThermostat.

This property is listed by Theresa Englbrecht.

TE

Theresa Englbrecht

Agent at VENTURE GROUP

Listed by VENTURE GROUP · Broker phone: 970-778-0796 · View on Broker Site

MLS# 20264764· Source: Grand Junction Area Association of Realtors· 41 days on PropertySimple

Copyright © 2026 Grand Junction Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

518 28 Road #Building A 101, Grand Junction, CO 81501

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