581 W Indian Creek Drive #2, 4, 5, 6, Grand Junction, CO 81501
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581 W Indian Creek Drive #2, 4, 5, 6,Grand Junction, CO 81501
$1,799,000
- 12 Beds
- 9 Baths
- 6,266 sq. ft.
- Multi-family
- Active
Listed by:cory carlson
Office:venture group
MLS#:20253883
Source:CO_GJARA
Price summary
- Price:$1,799,000
- Price per sq. ft.:$287.11
- Monthly HOA dues:$155
About this home
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. All units are leased on 1-year terms and offer a stabilized, 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. Unit 2 will be going back on the market and all other units are currently leased.
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Home facts
- Year built:2022
- Listing ID #:20253883
- Added:44 day(s) ago
- Updated:August 15, 2025 at 02:21 PM
Rooms and interior
- Bedrooms:12
- Total bathrooms:9
- Full bathrooms:9
- Living area:6,266 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
Structure and exterior
- Roof:Asphalt, Composition
- Year built:2022
- Building area:6,266 sq. ft.
- Lot area:0.08 Acres
Schools
- High school:Central
- Middle school:Bookcliff
- Elementary school:Nisley
Utilities
- Water:Public
- Sewer:Connected
Finances and disclosures
- Price:$1,799,000
- Price per sq. ft.:$287.11
- Tax amount:$7,412 (2024)
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