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    $5,100,000

  • Taking Back up Offers | MLS#: 20184860
  • 72Baths

541 29 1/2 Road Grand Junction, CO 81504

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Listing provided courtesy of: RE/MAX 4000, INC

Overview

Great VALUE ADD opportunity to own this 72 unit apartment complex on 4.06 acres. Orig. built in '78, professionally maintained & updated. Units stay full except for brief period between tenants to paint & clean. Pet free, smoke free. Tenants pay electric (individually metered), landlord covers water, sewer, trash & gas. 4 coin-op washers, 4 coin-op dryers. Backs to Bookcliff Middle School track & field plus large open green space in center of buildings. POTENTIAL TO ADD INCOME PRODUCING BUILDING ON VACANT 1 ACRE ON WEST SIDE OF LOT. Two 3 bed units at $775, Fifty two 2 beds at 700 & 725, eighteen 1 beds at 625. Net monthly income at $30,000 plus coin op laundry. Approx. 75% are section 8 with auto-deposit of rent. Very clean, well maintained. Unusual find. A Non-Disclosure Agreement (in additional documents) is required to release financials.

General Features

  • Area NE Grand Junction
  • Year Built 1975

Building Features

Property Features

Schools

Main Features available exclusively for My Property Finder members

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Mary Lynch

719-262-2990RE/MAX ADVANTAGE

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Price & Status History

Days on Market

  • This property has been listed on the market for 105 days

Location

Area Map available exclusively for My Property Finder members
Listing agent photo

Mary Lynch

719-262-2990RE/MAX ADVANTAGE

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Community Demographics for Zip Code 81504 (Grand Junction)

Housing Occupancy
  • Home Owners: 9,571 (62%)
  • Renters: 1,875 (12%)
  • Vacant: 4,063 (26%)
  • Total Housing Units: 15,509
Households
  • Average Household Size: 2.63
  • Housing Density (People per square mile): 2,691
Age Range (number of people)
  • Age 0-14: 7,586
  • Age 15-24: 4,171
  • Age 25-39: 5,704
  • Age 40-59: 6,652
  • Age 60-79: 4,857
  • Age 80+: 1,468
  • Total: 30,438

* All numbers in this section are 2016 projections provided by Geolytics Inc

Community Demographics available exclusively for My Property Finder members

School Information for 81504 (Grand Junction)

Public Schools in Zip Code 81504 (Grand Junction)

* This list of schools may not match the property above.

CENTRAL HIGH SCHOOL 3130 E1/2 RD GRAND JUNCTION, CO 81504 Phone: 9702546200 9th-12th
Grade Size Distribution
  • 9th: 414
  • 10th: 479
  • 11th: 395
  • 12th: 382
School Population
  • Teachers: 88
  • Students per Teacher: 19.0
  • Students: 1670
  • Male/Female: 884/786
School District
  • MESA COUNTY VALLEY SCHOOL DISTRICT NO. 51
  • 2115 GRAND AVE GRAND JUNCTION, CO 81501
  • Phone: 9702545100
District Population
  • Schools: 46
  • Full-Time Teachers: 1270
  • Students per Teacher: 17.5
  • Staff: 2702
  • Students: 22171
BOOKCLIFF MIDDLE SCHOOL 2935 ORCHARD AVE GRAND JUNCTION, CO 81504 Phone: 9702546220 6th-8th
Grade Size Distribution
  • 6th: 185
  • 7th: 179
  • 8th: 163
School Population
  • Teachers: 38
  • Students per Teacher: 13.9
  • Students: 527
  • Male/Female: 271/256
School District
  • MESA COUNTY VALLEY SCHOOL DISTRICT NO. 51
  • 2115 GRAND AVE GRAND JUNCTION, CO 81501
  • Phone: 9702545100
District Population
  • Schools: 46
  • Full-Time Teachers: 1270
  • Students per Teacher: 17.5
  • Staff: 2702
  • Students: 22171
GRAND MESA MIDDLE SCHOOL 585 31-1/2 RD GRAND JUNCTION, CO 81504 Phone: 9702546270 6th-8th
Grade Size Distribution
  • 6th: 239
  • 7th: 229
  • 8th: 243
School Population
  • Teachers: 42
  • Students per Teacher: 16.9
  • Students: 711
  • Male/Female: 386/325
School District
  • MESA COUNTY VALLEY SCHOOL DISTRICT NO. 51
  • 2115 GRAND AVE GRAND JUNCTION, CO 81501
  • Phone: 9702545100
District Population
  • Schools: 46
  • Full-Time Teachers: 1270
  • Students per Teacher: 17.5
  • Staff: 2702
  • Students: 22171
CHATFIELD ELEMENTARY SCHOOL 3188 D1/2 RD GRAND JUNCTION, CO 81504 Phone: 9702544930 PreK-5th
Grade Size Distribution
  • PreK: 27
  • Knd: 73
  • 1st: 66
  • 2nd: 60
  • 3rd: 86
  • 4th: 71
  • 5th: 58
School Population
  • Teachers: 23
  • Students per Teacher: 19.2
  • Students: 441
  • Male/Female: 238/203
School District
  • MESA COUNTY VALLEY SCHOOL DISTRICT NO. 51
  • 2115 GRAND AVE GRAND JUNCTION, CO 81501
  • Phone: 9702545100
District Population
  • Schools: 46
  • Full-Time Teachers: 1270
  • Students per Teacher: 17.5
  • Staff: 2702
  • Students: 22171
FRUITVALE ELEMENTARY SCHOOL 585 30 RD GRAND JUNCTION, CO 81504 Phone: 9702545930 PreK-5th
Grade Size Distribution
  • PreK: 29
  • Knd: 72
  • 1st: 93
  • 2nd: 86
  • 3rd: 80
  • 4th: 100
  • 5th: 69
School Population
  • Teachers: 26
  • Students per Teacher: 20.3
  • Students: 529
  • Male/Female: 273/256
School District
  • MESA COUNTY VALLEY SCHOOL DISTRICT NO. 51
  • 2115 GRAND AVE GRAND JUNCTION, CO 81501
  • Phone: 9702545100
District Population
  • Schools: 46
  • Full-Time Teachers: 1270
  • Students per Teacher: 17.5
  • Staff: 2702
  • Students: 22171
PEAR PARK ELEMENTARY SCHOOL 432 30 1/4 RD GRAND JUNCTION, CO 81504 Phone: 9702545960 PreK-5th
Grade Size Distribution
  • PreK: 27
  • Knd: 72
  • 1st: 74
  • 2nd: 62
  • 3rd: 75
  • 4th: 61
  • 5th: 60
School Population
  • Teachers: 26
  • Students per Teacher: 16.6
  • Students: 431
  • Male/Female: 227/204
School District
  • MESA COUNTY VALLEY SCHOOL DISTRICT NO. 51
  • 2115 GRAND AVE GRAND JUNCTION, CO 81501
  • Phone: 9702545100
District Population
  • Schools: 46
  • Full-Time Teachers: 1270
  • Students per Teacher: 17.5
  • Staff: 2702
  • Students: 22171
THUNDER MOUNTAIN ELEMENTARY SCHOOL 3063 F1/2 RD GRAND JUNCTION, CO 81504 Phone: 9702545870 PreK-5th
Grade Size Distribution
  • PreK: 25
  • Knd: 99
  • 1st: 105
  • 2nd: 102
  • 3rd: 108
  • 4th: 92
  • 5th: 104
School Population
  • Teachers: 28
  • Students per Teacher: 22.7
  • Students: 635
  • Male/Female: 331/304
School District
  • MESA COUNTY VALLEY SCHOOL DISTRICT NO. 51
  • 2115 GRAND AVE GRAND JUNCTION, CO 81501
  • Phone: 9702545100
District Population
  • Schools: 46
  • Full-Time Teachers: 1270
  • Students per Teacher: 17.5
  • Staff: 2702
  • Students: 22171

Private Schools in Zip Code 81504 (Grand Junction)

* This list of schools may not match the property above.

Cornerstone Christian School 3099 F Rd. Grand Junction, CO 81504 Phone: 9704344619 PreK-12th
Grade Size Distribution
  • PreK: 7
  • Knd: 6
  • 1st: 6
  • 2nd: 1
  • 3rd: 9
  • 4th: 1
  • 5th: 6
  • 6th: 5
  • 7th: 4
  • 8th: 3
  • 9th: 4
  • 10th: 1
  • 11th: 1
  • 12th: 1
School Population
  • Teachers: 0
  • Students per Teacher: N/A
  • Students: 55
Pear Park Baptist School 3102 E Rd. Grand Junction, CO 81504 Phone: 9704344113 PreK-12th
Grade Size Distribution
  • Knd: 7
  • 1st: 8
  • 2nd: 4
  • 3rd: 4
  • 4th: 5
  • 5th: 1
  • 6th: 1
  • 7th: 3
  • 8th: 1
  • 9th: 2
  • 10th: 2
  • 11th: 5
  • 12th: 2
School Population
  • Teachers: 0
  • Students per Teacher: N/A
  • Students: 45

* School data provided by US Department of Education

School Information available exclusively for My Property Finder members

The data relating to real estate for sale on this website is provided in part by The Grand Junction Area REALTORS® Association (GJARA). Information deemed reliable but not guaranteed. The property information provided on this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. ©2018 All rights reserved.

* Rates and payment information listed in the mortgage calculator are provided as for general reference only. Specific mortgage information should be verified with a qualified lending professional

Mary Lynch | Direct: 719-262-2990
RE/MAX ADVANTAGE | 5590 North Academy Blvd - Colorado Springs, CO 80918 | Office: 719-548-8600

Mountain photo courtesy of the Colorado Springs CVB