Active
18 beds17 baths11,272 sqft
Est: $13,330/moGet pre-approved
CondoProperty Type
1982Year Built
$217/sq ftPrice per sq ft

Description

An exceptional investment opportunity: a 17-unit apartment building totaling 11,272 square feet. • 16 one-bedroom units and one two-bedroom unit • Recently updated kitchens, bathrooms, lighting, and flooring with a modern aesthetic • Projected 6.0% return on investment Location and Market Prime location in desirable western Colorado, supported by a strong rental market. Rent roll, unit sizes and Proforma available by request.An exceptional investment opportunity: a 17-unit apartment building totaling 11,272 square feet. • 16 one-bedroom units and one two-bedroom unit • Recently updated kitchens, bathrooms, lighting, and flooring with a modern aesthetic • Projected 6.0% return on investment Location and Market Prime location in desirable western Colorado, supported by a strong rental market. Rent roll, unit sizes and Proforma available by request.
Days on Market Listed Today
  • Listed by: THERESA ENGLBRECHT 970.201.1849 theresa@venturegj.com • VENTURE GROUP
Last updated: 09/22/2026 04:22 PM • Source: Grand Junction Area REALTORS, MLS#: 20264764

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Property Information for 518 28 Road

Property Details
  • Pet Policy: Allowed
  • Taxes: $8,029 / year
  • MLS Type: Residential / Apartment
  • County: Mesa County
  • Subdivision Name: Omega Business
  • Architectural Style: Two Story
  • Pets Allowed: Yes
Building Information
  • Building/Complex: 518 28th Rd
  • Stories: 2
  • Residences: 17
  • Pet Policy: Allowed
  • Pet Policy Details: Pets Allowed
  • Year Built: 1982
Summary
Location and General Information
  • Accessibility Features: Other, See Remarks
  • Direction Faces: East
  • Directions: NE Corner of 28 Road and Elm Street.
  • Elementary School: Orchard Avenue
  • High School: Central
  • Middle Or Junior School: Bookcliff
  • Elevation: 4560
  • Road Frontage Type: City Street
  • Zoning Description: MU-2
Taxes and HOA Information
  • Association Amenities: Laundry, Pets Allowed
  • Association Fee Includes: None
  • Tax Year: 2026
Property
Lot Information
  • Current Use: Multi Family
  • Lot Features: Corner Lot, Sprinklers In Front, Landscaped
  • Lot Size Dimensions: irreg
  • Lot Size Source: Assessor
  • Parcel Number: 2943-073-25-001 -011
Property and Assessments
  • Construction Materials: Metal Frame, Stucco
  • Number Of Units Total: 17
  • Stories: 2
  • Year Built Effective: 2025
Utilities
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Ductless, Forced Air
  • Heating: Yes
  • Sewer: Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: None
  • Foundation Details: Slab
  • Patio And Porch Features: None
  • Roof: Metal
  • Window Features: Window Coverings
Interior Features
  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator
  • Fireplace: No
  • Flooring: Carpet, Laminate
  • Interior Features: Window Treatments, Programmable Thermostat
  • Levels: Two
Rental Information
Rent Information
  • Land Lease: No

Public Records for 518 28 Road

Taxable ValueLand$5,250Additions$37,770Total$43,020
Tax Record2024$3,060 ($255 / month)
Home Facts
Total Finished SqFt11,272 SqFtAbove Grade Finished SqFt11,272 SqFtStories2Lot Size8,056 SqFtStyleMulti-Family Res (5+ Units)Year Built1982Year Renovated1995ZoningB-1CountyMESAAPN2943-073-25-001

Schools near 518 28 Road

This home is within Mesa County Valley 51 School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Orchard Avenue Elementary School
PublicPK to 5

Bookcliff Middle School
Public6 to 8

Central High School
Public9 to 12

R-5 High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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518 28 Road is a condo for sale in Grand Junction, CO 81501. This listing's school district is Mesa County Valley 51 School District. Nearby schools include Orchard Avenue Elementary School, Bookcliff Middle School and Central High School. 518 28 Road is a 18-bed, 17-bath, 11,272 sqft condo built in 1982.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of VENTURE GROUP, THERESA ENGLBRECHT

Based on information from one of the following Multiple Listing Services: CRENMLS, Telluride Association of REALTORS, Grand Junction Area REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRENMLS, Telluride Association of REALTORS, Grand Junction Area REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.