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Commercial > Multi-family / Apartments
Active
09/05/2025
List Price
$17,109,000

514 28 3 4 Rd
Grand Junction, CO 81501

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    • 83
      Beds
    • -
      Bath
    • -
      Living Area
    • 1.7
      ac
      Lot Size
    • -
      Pool
    • -
      Car
    • 2025
      Year Built
    • 59
      DOM
    • -
      Permit
    514 28 3 4 Rd, Grand Junction, CO 81501 is a 83 bed, multi-family/apartments property built in 2025 on a 1.700 acre lot. This multi-family/apartments is currently for sale for $17,109,000, and it was last sold in 2019.

      MLS Description

      The listing agent's description. Original Listing

      Incredible Investment Opportunity – 83 New Units! Completed in 2025, Three free-standing apartment buildings with 83 premium units at 28 3/4 rd. and North Ave. They can be purchased individually or as a package with 512 (31 units $5,356,900), 514 (24 units $5,441,000) and 516 (28 units $6,311,100) for $17,109,000 This property includes 68 modern apartments plus 15 fully furnished apartments with stackable washer/dryers in each unit. * 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!

      Listing Agents

      The listing agent for 514 28 3 4 Rd is STACEY COOK.

        SC

        STACEY COOK

        COOK REAL ESTATE & DEVELOPMENT

        Phone: (970) 424-2227

      Current Ownership

      Information about the current owner(s).

      • Taxes Billed

        Taxes billed in 2024$8,720.68
        From latest Total Assessed Value7.11%
        Total Assessed Value$122,600
        =
        Land
        Assessed Value        $13,010
        +
        Additions
        Assessed Value        $109,590

        • In 2024, taxes billed for 514 28 3 4 Rd were $8,720.68, which is 7.11% from latest Total Assessed Value of $122,600.

      Property History

      514 28 3 4 Rd has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

      Property Events

      Environment

      Environmental factors around 514 28 3 4 Rd

      • Hazard Risks

        Carb Mono
        136
        Nat'l Avg
        100
        Air Pollution
        100
        Particulates
        99
        Earthquake
        96
        Ozone
        96
        Lead
        40
        Hail
        6
        Wind
        2
        Hurricane
        0
        Tornado
        0
        Weather
        0

        • 9 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Air Pollution Index, Ozone Index, Wind Index, Lead Index, Particulate Matter, National Average) are above the national average around 514 28 3 4 Rd.

        Walkability Index

        9 /20

        Car Dependent

        Most Walkable

        20-18

        Very Walkable

        17-15

        Somewhat Walkable

        14-10

        Car Dependent

        9-0

        514 28 3 4 Rd has a walkability score of 9 out of 20, which means that it is in a car dependent area.

        Temperature

        Seasonal temperature sampled over multiple years

        Winter
        Average

        30 °F

        Low

        19°F

        High

        42°F

        Summer
        Average

        75 °F

        Low

        58°F

        High

        91°F

        In the winter at 514 28 3 4 Rd, temperatures range from 18.79°F to 41.78°F with an average of 30.29°F. In the summer, the temperature ranges from 58.44°F to 90.82°F with and average of 74.63°F.

      School Information

      Public/private schools serving 514 28 3 4 Rd

        Public Schools

        Central High School
        Grades: 9-12
        2.56  mi
        C-
        Nisley Elementary School
        Grades: PK-5
        0.26  mi
        C
        Bookcliff Middle School
        Grades: 6-8
        0.58  mi
        C
        * The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.

        Nearby public schools serving 514 28 3 4 Rd have ratings undefined, undefined, and undefined.

      Neighborhood

      This property is located in 81501.

        Crime Index for 81501

        146

        Above national average
        146

        The crime index in 81501 is 146, which is 1.5 times higher than national average.

      • Seasonal Housing units 81501

        23%

        of housing is for seasonal rent.

        Daytime Population for 81501

        +43%

        of people during work hours.

      Market Trends

      Historical market data near 514 28 3 4 Rd over selected time period.

      Copyright © 2025 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.

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