$1,200,000

1043 North Avenue

Grand Junction CO, 81501

Description

6.9+% cap with immediate opportunity to increase on very unusual chance in newly constructed student housing right across North Avenue from Colorado Mesa University & within walking distance to downtown Grand Junction! Off-street parking, living areas furnished, all appliances included. Website for tenant application & auto-payment, general lease has been 12 months w/ parents responsible. 4 units consisting of laundry, full kitchen, great room, 4 locked pantries 3 or 4 bedrooms, each w/ their own bath. 14 bedrooms, 2 of which are double occupancy. Secure building w/ auto locks & camera surveillance. Fully sprinklered. Exceptional condition, low maintenance modern exterior & tenant tolerant interior. Don't miss this opportunity! Showing by appointment only w/ 24 hour notice. APOD, rent roll, 3D virtual tour of one representative unit available.

Details

MLS#20192768
Sub-TypeResale
StatusPending - Show
Days On Site120

Features

Story(s)0
ZoningC-1

Market Activity 81501

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Area Information

StateCO
CityGrand Junction
Zip Code81501
AreaGrand Junction City
Listing VS Median (in 81501)
Price:
$1,200,000
low | high
Med:
$240,000
100% of Average
On Site:
120
low | high
Med:
91
100% of Average
Listing Updated: 09/16/2019
MLS Number: 20192768
Listing Provided By:
JAN KIMBROUGH MILLER  of  RE MAX 4000 INC

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.