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Jackson Berry

Employing Broker

75-unit apartment buildings centrally located on Chipeta Avenue, downtown Grand Junction. Buildings were built between 1965 and 1975, and many units are recently remodeled. All buildings have received some new exterior finishes including railings and stairwells, and most units enjoy covered parking. Two units are currently vacant for remodel, remainder are leased. All roofs are gable and one new roof is planned as well as one new boiler installation. Electrical is separately metered. This investment represents a solid future with plenty of upside. Addresses include 306 Chipeta, 420, 430 & 450 Chipeta, and 445 Chipeta Avenue. All information is approximate and not guaranteed, but has been gathered from sources deemed reliable.

Listing ID20215226
Sold For$7,500,000
StatusClosed
Sold Date12/21/2021
Bedrooms111
Total Baths75
SqFt 52,111
Acres 1.510
SubdivisionN/A
Property TypeResidential
Property Sub TypeApartment

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Image of Jackson Berry, CCIM, CPM®
Jackson Berry, CCIM, CPM®
Employing Broker
Address: 1910 N. 12th Street Ste, A
Grand Junction, CO 81501
Phone: 970.261.9136

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