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516 28 3/4 Road, 
Grand Junction, CO 81502

$5,580,000


28

Beds


28

Baths


20,888

Sq Ft


Multi-Family

Pending

Listed by

Stacey Cook

, 

Deb Cook

Cook Real Estate & Development

970-424-2227

Last updated:

July 15, 2026, 08:52 AM

MLS#

20254556

Source:

CO GJARA

About This Home

516 28 3/4 Road

Incredible Investment Opportunity – Brand New Construction! Completed in 2025, this free-standing apartment building is part of a premium 83-unit community at 28 3/4 rd. and North Ave. It can be purchased individually or packaged with 512 (31 units $5,460,000) and 514 (24 units $4,740,000) for a total of $15,780,000 This property includes 28 modern 1 bedroom /1-bath apartments, all with stackable washer/dryers. 8 Units are fully furnished. * Fully leased with excellent tenants * Prime central location at 28 3/4 Rd. & North Ave.—steps from Walmart, Texas Roadhouse, Del Taco & more * High-quality new construction by Grand Junction Real Estate Investments * Strong, stable income stream with optional on-site management available This is a rare chance to secure a premier, turn-key multifamily investment in one of Grand Junction’s fastest-growing and most in-demand corridors. Call today to learn more—opportunities like this don’t come around often!

Home Facts

Multi-Family

28 Baths

28 Bedrooms

Built in 2025

Subdivision & Development:

N/A

Price Summary

5,580,000

$267 per Sq. Ft.

MLS #:

20254556

Last Updated:

July 15, 2026, 08:52 AM

Added:

a year ago


Rooms & Interior

Bedrooms

Total Bedrooms:

28

Bathrooms

Total Bathrooms:

28

Full Bathrooms:

28

Interior

Living Area:

20,888 Sq. Ft.


Structure

Structure

Building Area:

20,888 Sq. Ft.

Year Built:

2025


Lot

Lot Size (Sq. Ft):

27,007


Finances & Disclosures

Finances

Price:

$5,580,000

Price per Sq. Ft:

$267 per Sq. Ft.

Source:CO GJARA
The information being provided by Grand Junction Area REALTOR® Association is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Grand Junction Area REALTOR® Association All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.