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755 North Avenue

Grand Junction, CO 81501
  • $650,000
  • STATUS: Active
  • ON SITE: 7 days
  • MLS #: 20213703
UPDATED: 32 min ago
$650,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

Investment property consists of 4 units with 3 units month to month and 1 unit expiring in 2 yrs. Tenants are modified gross with owner paying taxes and insurance. Projected NOI is $46,500 and projected CAP rate is 7.15% on annualized rents of current tenants. Great investment property or could be converted to residential units.

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© 2021 Grand Junction MLS. All Rights Reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Grand Junction Group at Keller Williams CO West Realty, LLC. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Grand Junction Group at Keller Williams CO West Realty, LLC. Data last updated 2021-07-28T18:16:43.573 UTC.

www.grandjunctionhomesales.com/homes/119499160
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755 North Avenue Grand Junction, CO 81501

  • Price: $650,000
  • Status: Active
  • Updated: 32 min ago
  • MLS #: 20213703
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Grand Junction City
County:
Mesa
Area:
Grand Junction City
Property Description
Investment property consists of 4 units with 3 units month to month and 1 unit expiring in 2 yrs. Tenants are modified gross with owner paying taxes and insurance. Projected NOI is $46,500 and projected CAP rate is 7.15% on annualized rents of current tenants. Great investment property or could be converted to residential units.
Exterior Features

Lot Size Dimensions Irregular

Property Features

Possible Use Office Property Sub Type Commercial Tax Annual Amount 6032 Zoning Description Commercial

Listing courtesy of Carol Skubic of Coldwell Banker Commercial Prime Properties.
© 2021 Grand Junction MLS. All Rights Reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Grand Junction Group at Keller Williams CO West Realty, LLC. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Grand Junction Group at Keller Williams CO West Realty, LLC. Data last updated 2021-07-28T18:16:43.573 UTC.

 
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The Grand Junction Group at Keller Williams CO West Realty, LLC
2474 Patterson Road, Suite 100
Grand Junction CO, 81505