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!
Pending
$4,740,000
514-28 3/4 Rd, Grand Junction, CO 81501
24beds
24baths
17,904sqft
Multi Family, Apartment
Built in 2025
-- sqft lot
$-- Zestimate®
$265/sqft
$295/mo HOA
What's special
- 276 days |
- 12 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
STACEY COOK 970-250-4663,
COOK REAL ESTATE & DEVELOPMENT,
DEB COOK 970-424-2227,
COOK REAL ESTATE & DEVELOPMENT
Source: GJARA,MLS#: 20254550
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 24
- Bathrooms: 24
Heating
- None
Cooling
- Central Air, Window Unit(s)
Appliances
- Included: Dryer, Electric Oven, Electric Range, Disposal, Microwave, Other, Refrigerator, See Remarks, Washer
- Laundry: Dryer Hookup
Features
- Ceiling Fan(s), None
- Flooring: Carpet, Laminate
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 17,904
- Total interior livable area: 17,904 sqft
Property
Parking
- Parking features: Guest
Accessibility
- Accessibility features: Other, See Remarks
Features
- Levels: Two
- Stories: 2
- Patio & porch: None
- Exterior features: None
Lot
- Size: 0.64 Acres
- Features: Landscaped
Details
- Parcel number: 294307478001
- Zoning description: MU-2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story
- Property subtype: Multi Family, Apartment
- Attached to another structure: Yes
Materials
- Stucco, Wood Siding, Wood Frame
- Foundation: Slab
- Roof: Asphalt,Composition
Condition
- Year built: 2025
Utilities & green energy
- Sewer: Connected
- Water: Public
Community & HOA
HOA
- Has HOA: Yes
- Amenities included: None
- Services included: Common Area Maintenance, Insurance, Maintenance Structure, Sewer, Snow Removal
- HOA fee: $3,542 annually
Location
- Region: Grand Junction
- Elevation: 4800
Financial & listing details
- Price per square foot: $265/sqft
- Tax assessed value: $2,598,000
- Annual tax amount: $11,942
- Date on market: 9/5/2025
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,566/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/2/2026 | Pending sale | $4,740,000$265/sqft |
Source: GJARA #20254550 Report a problem | ||
| 1/26/2026 | Price change | $4,740,000-5.2%$265/sqft |
Source: GJARA #20254550 Report a problem | ||
| 11/14/2025 | Price change | $5,000,000-8.1%$279/sqft |
Source: GJARA #20254550 Report a problem | ||
| 9/17/2025 | Listed for sale | $5,441,000$304/sqft |
Source: GJARA #20254550 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,721 +342.1% | $183,160 +42.9% |
| 2024 | $1,973 +57.3% | $128,170 +342% |
| 2023 | $1,254 +2.5% | $29,000 +66.7% |
| 2022 | $1,223 -27.8% | $17,400 |
| 2021 | $1,694 | $17,400 -29.4% |
| 2020 | $1,694 +2.1% | $24,650 -76.4% |
| 2019 | $1,658 | $104,400 +348.6% |
| 2018 | $1,658 -7.6% | $23,270 |
| 2017 | $1,795 | $23,270 -18% |
| 2016 | $1,795 -1.3% | $28,390 |
| 2015 | $1,818 | $28,390 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 81501
Nearby schools
GreatSchools rating
- 2/10Nisley Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 3/10Bookcliff Middle SchoolGrades: 6-8Distance: 0.7 mi
- 4/10Central High SchoolGrades: 9-12Distance: 2.6 mi
Schools provided by the listing agent
- Elementary: Nisley
- Middle: Bookcliff
- High: Central
Source: GJARA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Colorado
- Mesa County
- Grand Junction
- 81501
- 514-28 3/4 Rd
Nearby cities
Nearby zip codes
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