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

Local realty services provided by:Better Homes and Gardens Real Estate Fruit & Wine
516 28 3/4 Road,Grand Junction, CO 81502
$5,900,000
  • 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:$5,900,000
  • Price per sq. ft.:$282.46
  • 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 $5,800,000) and 514 (24 units $5,000,000) for a total of $16,700,000 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:92 day(s) ago
  • Updated:December 19, 2025 at 03:27 PM

Rooms and interior

  • Bedrooms:28
  • Total bathrooms:28
  • Full bathrooms:28
  • Living area:20,888 sq. ft.

Heating and cooling

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

Structure and exterior

  • Roof:Asphalt, Composition
  • Year built:2025
  • Building area:20,888 sq. ft.
  • Lot area:0.62 Acres

Schools

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

Utilities

  • Water:Public
  • Sewer:Connected

Finances and disclosures

  • Price:$5,900,000
  • Price per sq. ft.:$282.46
  • Tax amount:$11,796 (2025)

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