1060 Grand Ave, Grand Junction, CO 81501

Newly renovated turn-key investment property! This 7 unit downtown complex offers a projected 9% Cap Rate. Excellent low vacancy is due to a high demand price point and downtown location WITH parking. Strong leases are in place and ready to perform. This building is complete with Two studio apartments, Four 1-bed/1-bath apartments, and a large 3-bed/1-bath apartment for a total of 7 units. Improvements include fresh paint and flooring in all units, new heating and cooling systems, well functioning windows and doors and brand new common area laundry facility. Information deemed reliable but not guaranteed. Buyer to verify all to satisfaction. Terms subject to change without notice.