581 W Indian Creek Drive

Grand Junction, CO 81501

About this property

Great single-tenant investment opportunity offering a 6.6% cap rate. Built in 2021, this well-maintained 3-bedroom, 3-bath townhome features a 2-car garage and modern finishes throughout. Tenant currently in place on a 1-year lease at $2,400 per month with lease expiration of 1/31/2027, providing immediate and stable rental income for investors. Units 2, 4, 5, and 6 can be purchased together for $1,636,000.

About this property

Great single-tenant investment opportunity offering a 6.6% cap rate. Built in 2021, this well-maintained 3-bedroom, 3-bath townhome features a 2-car garage and modern finishes throughout. Tenant currently in place on a 1-year lease at $2,400 per month with lease expiration of 1/31/2027, providing immediate and stable rental income for investors. Units 2, 4, 5, and 6 can be purchased together for $1,636,000.

Features and Additional Information

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$409,000 Active
3 Bed(s)
2
Baths
1,430 sqft

Presented By Coldwell Banker Distinctive Properties Sun Valley

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Get in touch today! Phone: 1-208-622-3400
Brokerage
VENTURE GROUP
1-970-892-2200
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Area Information

Grand Junction City | Mesa County | Peppertree

$ 409,000
This listing is play_arrow 0.2% lower than the average in the area
$ 409,900 in the area
1,430 SqFt
This listing is play_arrow 4.2% smaller than the average in the area
1,492 SqFt in the area
$ 286 $/SqFt
This listing is play_arrow 4.1% more than the average in the area
$ 275 $/SqFt in the area
105 days on site
This listing is play_arrow 41.3% below the average in the area
179 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School
Listed By CORY CARLSON
Brokerage: VENTURE GROUP

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