Investors Dream! Own 21 units at Meridian Park. Gross Rents - $613,800, Costs- $141,692, $NOI - $472,108, Cap Rate - 5.5%. 9 units complete now and others in construction. Super low utility bills due to Energy certifications. Great HOA that maintains landscape, pays for trash and fiber internet. Brand new, no maintenance. Looking for 1031 exchange or just an investment, these sustainable townhomes are the perfect fit. Floor Plan A - 3 bed, 2.5 bath, 2 car garage, 1512 sq ft Floor Plan B = 4 bed, 3 bath, 1 car garage, 1724 sq ft Floor Plan C - 3 bed, 2.5 bath, 1 car garage, 1611 sq ft Floor Plan D - 3 bed, 2.5 bath, 1 car garage, 1386 sq ft
MLS# | 20250500 |
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Listing Type | For Sale |
Style | Town House / Duplex |
HOA Dues | $85 |
Sub-Type | Resale |
Status | Active |
Year | 2024 |
Days On Site | 44 |
Listing Provided By | BOA SALES GROUP | WENDI GECHTER |
Bed(s) | 67 |
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Bath(s) | 63 |
SQ Feet | 32,420 |
Garage | 33 |
Story(s) | 2 |
Zoning | MU-2 |
Acreage | 2.00 |
State | CO |
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County | Mesa |
City | Grand Junction |
Zip Code | 81503 |
Area | Orchard Mesa |
Community Name | Row Homes at Meridian Park |
School District | Grand Junction |
Elementary School | Lincoln OM |
Middle School | Orchard Mesa |
High School | Grand Junction |
Listing VS Median (In Row Homes at Meridian Park) | |
Price: $8,543,000 low | high Med: $410,000 SqFt: 32,420 low | high Med: 1,512 $ / SqFt: $264 low | high Med: $271 On site: 44 low | high Med: 106.000000 |