1231 N 23rd Street
Grand Junction, Colorado 81501, United States

Grand Junction, Colorado 81501, United States
Listed By CENTURY 21 CapRock Real Estate

The Home for Sale located at 1231 N 23rd Street Grand Junction Colorado 81501 with 14 bedrooms, 14 bathrooms, 1 Level Ranch is currently for Sale, 1231 N 23rd Street Grand Junction Colorado 81501 is listed for $1,800,000. If the property located at 1231 N 23rd Street Grand Junction Colorado 81501 isn't what you're looking for, search Colorado Real Estate to see other Homes for Sale in Grand Junction .

MLS#: 20244313

$1,800,000 USD

Bedrooms
14
Bathrooms
14
Home/Lot size
515m² (5,544ft²)
The details

Property features

Date Updated: Oct 4, 2024

Key features

1 Level Ranch

Construction details

Year built
1977
Style
1 Level Ranch

Other features

Appliances
Oven / Range
Refrigerator

Area

Property size
515m² (5,544ft²)
Land/Lot size
931m² (0.23ac)
Bedrooms
14
Bathrooms
14
Total rooms
28

Description

This recently renovated 14-unit apartment complex is an excellent investment opportunity, featuring 14 brand-new studio apartments. Formerly an office complex, the building has been fully converted into high-quality residential units designed for modern, comfortable living. Each unit is currently leased at $1,100 per month, with tenants responsible for their own electricity. Projected to perform at a 7 CAP. The building is highly energy-efficient, with most systems powered by electricity, including brand-new mini-split HVAC systems installed throughout each unit. Solar panels help offset overall energy costs, making it even more efficient. A shared laundry room is available for tenant convenience, and the low-maintenance exterior ensures easy upkeep. Twelve of the 14 units have signed new 12-month leases, and the building is expected to reach full occupancy soon. The property also comes with a one-year warranty on all recent construction, offering added peace of mind for new ownership. This turn-key complex presents an ideal opportunity for investors seeking a modern, energy-efficient property with stable rental income. Call today to schedule a showing! Terms deemed reliable but not guaranteed, terms subject to change without notice.

This paragraph can be translated by Bing Translate. Translate

Location

1231 N 23rd Street, Grand Junction, Colorado 81501, United States
map image
Terms of Use Privacy Policies Site map
Xomio Powered by Immobelv1.3.0

Home

Search Featured properties

Properties

Residential for Sale Residential for Rent Commercial for Sale Commercial for Rent Land for Sale Land for Rent
© 2023 Century 21® Real Estate LLC. All rights reserved. CENTURY 21®, the CENTURY 21® Logo and C21® are registered service marks owned by Century 21® Real Estate LLC. Century 21® Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Listing Information is deemed reliable but is not guaranteed accurate.
LogoAll real estate advertised herein is subject to the Federal Fair Housing Act, which makes it illegal to advertise "any preference, limitation, or discrimination because of race, color, religion, sex, handicap, familial status, or national origin, or intention to make any such preference, limitation, or discrimination." We will not knowingly accept any advertising for real estate which is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.