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.
For sale
$2,450,000
518 28th Rd Suite A-101, Grand Junction, CO 81501
18beds
17baths
11,272sqft
Multi Family, Apartment
Built in 1982
-- sqft lot
$2,297,600 Zestimate®
$217/sqft
$-- HOA
What's special
Modern aestheticRecently updated kitchens
- 12 days
- 103
- 5
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
THERESA ENGLBRECHT 970-201-1849,
VENTURE GROUP
Source: GJARA,MLS#: 20264764
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 18
- Bathrooms: 17
Heating
- Ductless, Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator
Features
- Window Treatments, Programmable Thermostat
- Flooring: Carpet, Laminate
- Windows: Window Coverings
- Has fireplace: No
Interior area
- Total structure area: 11,272
- Total interior livable area: 11,272 sqft
Property
Accessibility
- Accessibility features: Other, See Remarks
Features
- Levels: Two
- Stories: 2
- Patio & porch: None
- Exterior features: None
Lot
- Size: 0.81 Acres
- Features: Corner Lot, Sprinklers In Front, Landscaped
Details
- Parcel number: 294307325001 011
- 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
- Metal Frame, Stucco
- Foundation: Slab
- Roof: Metal
Condition
- Year built: 1982
- Major remodel year: 2025
Utilities & green energy
- Sewer: Connected
- Water: Public
Community & HOA
Community
- Subdivision: Omega Business
HOA
- Has HOA: Yes
- Amenities included: Laundry, Pets Allowed
- Services included: None
Location
- Region: Grand Junction
- Elevation: 4560
Financial & listing details
- Price per square foot: $217/sqft
- Annual tax amount: $8,029
- Date on market: 9/22/2026
Estimated market value
$2,297,600
$2.18M - $2.41M
$1,534/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/22/2026 | Listed for sale | $2,450,000$217/sqft |
Source: GJARA #20264764 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 81501
Nearby schools
Schools provided by the listing agent
- Elementary: Orchard Avenue
- 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.
