$6,100,000

445 Chipeta Avenue

Grand Junction CO, 81501

Description

75-unit apartment buildings centrally located on Chipeta Avenue, downtown Grand Junction. Buildings were built between 1965 and 1975, and many units are recently remodeled. All buildings have received some new exterior finishes including railings and stairwells, and most units enjoy covered parking. Two units are currently vacant for remodel, remainder are leased. All roofs are gable and one new roof is planned as well as one new boiler installation. Electrical is separately metered. This investment represents a solid future with plenty of upside. Addresses include 306 Chipeta, 420, 430 & 450 Chipeta, and 445 Chipeta Avenue. All information is approximate and not guaranteed, but has been gathered from sources deemed reliable.

Details

MLS#20215226
Listing TypeFor Sale
StyleCondominium
Suite Number75
Sub-TypeResale
StatusPending
Days On Site18

Features

Bed(s)111
Bath(s)75
SQ Feet52,111
Units75
Acreage1.51

Market Activity 81501

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Area Information
StateCO
CountyMESA
CityGrand Junction
Zip Code81501
AreaGrand Junction City
Community NameN/A
Elementary SchoolChipeta
Middle SchoolEast
High SchoolGrand Junction
Listing VS Median (in N/A)
Price:
$6,100,000
low | high
Med:
$450,000
100% of Average
SqFt:
52,111
low | high
Med:
1,186
100% of Average
$ / SqFt:
$117
low | high
Med:
$456
100% of Average
On Site:
18
low | high
Med:
15
100% of Average
Sourced by Back At You
Listing Updated: October 4, 2021 5:06:08 PM PDT
DALE BEEDE LogoMLS Number: 20215226
Listing Provided By:
DALE BEEDE  of  S.U.R.E., LLC

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Grand Junction Area REALTOR Association MLS.