755 North Avenue,  Grand Junction CO, 81501

Status: Active
MLS#: 20213703
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Last Updated: 8/2/2021 10:27 AM
Description for 755 North Avenue Grand Junction, CO 81501
Investment property consists of 4 units with 3 units month to month and 1 unit expiring in 2 yrs. Tenants are modified gross with owner paying taxes and insurance. Projected NOI is $44.040 and projected CAP rate is 6.78% on annualized rents of current tenants. Great investment property or could be converted to residential units.
Price
$650,000
MESA
20213703
Active
Description
Investment property consists of 4 units with 3 units month to month and 1 unit expiring in 2 yrs. Tenants are modified gross with owner paying taxes and insurance. Projected NOI is $44.040 and projected CAP rate is 6.78% on annualized rents of current tenants. Great investment property or could be converted to residential units.
Listing Information
Property Type: Other
Assessor Office
Neighborhood
Room Information
Exterior / Lot Features
0 Covered Parking Spaces,
Irregular
Commercial
Driving Directions
Heading East on North Ave from 7th St, go one block and property is corner of 8th and Patterson on S side of North Ave.
Financial Considerations
$6,032
Listing Price History

Grand Junction Real Estate

Grand Junction is located in Colorado. Grand Junction, Colorado 81501 has a population of 65,250.

The median household income in Grand Junction, Colorado 81501 is $37,395. The median household income for the surrounding county is $54,056 compared to the national median of $61,963. The median age of people living in Grand Junction 81501 is 39 years.

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Courtesy: COLDWELL BANKER COMMERCIAL PRIME PROPERTIES
This content last refreshed on 8/2/2021 10:27 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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