516 28 3/4 Road, Grand Junction, CO 81502

Grand Junction
Local realty services provided by:Better Homes and Gardens Real Estate Fruit & Wine
516 28 3/4 Road,Grand Junction, CO 81502
$5,580,000
  • 28 Beds
  • 28 Baths
  • 20,888 sq. ft.
  • Multi-family
  • Active
Listed by: stacey cook, deb cook
Office: cook real estate & development
MLS#:20254556
Source:CO_GJARA

Price summary

  • Price:$5,580,000
  • Price per sq. ft.:$267.14
  • Monthly HOA dues:$295.17

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 514 (24 units $4,740,000) for a total of $15,780,000 This property includes 28 modern 1 bedroom /1-bath apartments, all with stackable washer/dryers. 8 Units are 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!

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Home facts

  • Year built:2025
  • Listing ID #:20254556
  • Added:189 day(s) ago
  • Updated:March 19, 2026 at 02:37 PM

Rooms and interior

  • Bedrooms:28
  • Total bathrooms:28
  • Full bathrooms:28
  • Flooring:Carpet, Laminate
  • Kitchen Description:Electric Oven, Electric Range, Refrigerator
  • Basement:Yes
  • Living area:20,888 sq. ft.

Heating and cooling

  • Cooling:Central Air, Window Units
  • Heating:Electric
  • Central air:Yes

Structure and exterior

  • Roof:Asphalt, Composition
  • Year built:2025
  • Building area:20,888 sq. ft.
  • Lot area:0.62 Acres
  • Lot Features:Irregular Lot, Landscaped, Sprinkler System
  • Construction Materials:Stucco, Wood Frame, Wood Siding
  • Exterior Features:Sprinkler Irrigation
  • Levels:2 Story

Schools

  • High school:Central
  • Middle school:Bookcliff
  • Elementary school:Nisley

Utilities

  • Water:Public
  • Sewer:Connected

Finances and disclosures

  • Price:$5,580,000
  • Price per sq. ft.:$267.14
  • Tax amount:$11,796 (2025)

Features and amenities

  • Appliances:Dryer, Electric Oven, Electric Range, Refrigerator, Washer
  • Laundry features:Dryer, Washer

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