This historic farmhouse was once a single family home converted and separated into 7 units. We have  brought the building up to standard building codes. Part of the renovation plan was to upgrade units with fresh materials. Along with cosmetic upgrades we will overhauling old lease agreements with tenants, implementing new fees and adding an onsite, shared laundry room. This is a great turn-key investment property that tenants will be proud to call home. 

GRAND

APARTMENT

EST. 1913

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INVESTMENTS By FORT + H  M 

1060 GRAND AVE.

GRAND JUNCTION, CO. 80501

Under Contract | $675,000.00

Residential Units | 7

Cap Rate | 7.11%

NOI | $48,00.00

Loot Size | 0.26 Acres

Year Built | 1904

Building Size | 4,284 SF

Renovated | 2020

Zoning | R-8

Price/ SF | $157.56

PROPERTY HIGHLIGHTS 

100% OCCUPANCY 

Recently Remodeled

Onsite Parking Lot 

Close Proximity to downtown & CMU

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