581 W Indian Creek Drive, Grand Junction, CO 81501
581 W Indian Creek Drive, Grand Junction, CO 81501
581 W Indian Creek Drive, Grand Junction, CO 81501
21
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$1,636,000
Est. payment /mo
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12 Beds
9 Baths
6,266 SqFt
Price Dropped by $63K

581 W Indian Creek Drive Grand Junction, CO 81501

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Metro Brokers Inc

Metro Brokers Inc

+1(720) 704-0606

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,266 sqft

Price per Sqft $261

Subdivision Peppertree

MLS Listing ID 20253883

Style Other,See Remarks

Bedrooms 12

HOA Fees $155/mo

HOA Y/N true

Year Built 2022

Annual Tax Amount $7,412

Tax Year 2024

Acres 0.08

Lot Dimensions 117' x 28'

Property Sub-Type Multi Family

Property Description

Investment opportunity to purchase four townhomes located at 581 W Indian Creek Drive, including units: 2, 4, 5, & 6 at a 5.7% Cap Rate. Two of four units are leased on 1-year terms and offer an income-producing asset in a strong rental market. Units were all built in 2022 and feature modern floor plans. Units 2, 5, & 6 are single story and offer 3-bedrooms and 2-bath with nice open concept. Unit 4 is a 2-story unit and features 3-bedrooms and 3-bathrooms. All units come with refrigerators, dishwashers, ranges, microwaves, and in unit washers and dryers. All units come with attached 2-car garages.

Location

State CO

County Mesa

Area Grand Junction City

Direction East on Patterson Road, South on West Indian Creek Drive. Townhomes located on right side.

Interior

Interior Features Ceiling Fan(s), Pantry, Walk-In Closet(s), Walk-In Shower

Heating Forced Air

Cooling Central Air

Flooring Carpet, Luxury Vinyl, Luxury VinylPlank

Fireplace false

Appliance Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Range Hood, Washer

Laundry Washer Hookup, Dryer Hookup

Exterior

Exterior Feature None

Amenities Available None

Roof Type Asphalt,Composition

Present Use Residential,Single Family

Handicap Access None, Low Threshold Shower

Porch Open, Patio

Building

Lot Description Landscaped

Faces East

Foundation Slab

Sewer Connected

Water Public

Structure Type Stone,Stucco,Wood Frame

Schools

Elementary Schools Nisley

Middle Schools Bookcliff

High Schools Central

Others

HOA Fee Include Common Area Maintenance,Maintenance Structure,Snow Removal,Sprinkler

Tax ID 2943-071-81-007

Listed by VENTURE GROUP

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Metro Brokers Inc

Metro Brokers Inc

+1(720) 704-0606

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581 W Indian Creek Drive