Sold

445 Chipeta Avenue Unit: 75

Grand Junction CO, 81501

$7,500,000


$143.92 per sqft

Sold

111 Beds

75 Baths

52,111 sqft

Condo

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.

20215226

MLS ID

September 27, 2021

Listed

February 3, 2024

Updated

Map

445 Chipeta Avenue Unit: 75
Grand Junction CO, 81501

Interior Features

Bedrooms

111


Total Bathrooms

75


Interior Features

None


Appliances

Electric Oven, Electric Range, Refrigerator


Floor Description

Carpet, Vinyl


Fireplace

No


Cooling

Yes


Cooling Description

Evaporative Cooling


Heating

Yes


Heating Description

Heat Pump, Hot Water

Exterior/Building Features

Lot Size

1.51 Acres


Lot Features

None


Architectual Style

Other


Roof

Asphalt, Composition


Sewer

Connected

School Information

High School

Grand Junction


Elementary School

Chipeta

Other Property Details

Area Name

Grand Junction City


Taxes

$26,889


Tax Frequency

Annually


Days on Market

85


Association Amenities

None


Garage

No


View

No


County

MESA


Water Source

Public


Pool

No


Buyer Agency Compensation

3%

Courtesy of S.U.R.E., LLC, ,
Listing Contact: 970-250-9500 

Based on information from Grand Junction Area REALTORS Association as of 2/3/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

©2024 Grand Junction Area REALTORS Association. . All rights reserved.

Data last updated 12:37 PM UTC, 2/3/2024

 

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