Source:
Grand Junction Area REALTOR Association
MLS#20254955
About the Property
Prime multifamily investment opportunity in Fruita. Located near schools, shopping, and Downtown, this property consists of two separate 4-unit buildings (8 units total) with no HOA. All eight units are 2-bedroom, 1-bath and approximately 1,022 sq ft, each with in-unit washer/dryer hookups. All units are currently leased at $1,100 per month, providing strong and stable income. Tenants pay individu
Prime multifamily investment opportunity in Fruita. Located near schools, shopping, and Downtown, this property consists of two separate 4-unit buildings (8 units total) with no HOA. All eight units are 2-bedroom, 1-bath and approximately 1,022 sq ft, each with in-unit washer/dryer hookups. All units are currently leased at $1,100 per month, providing strong and stable income. Tenants pay individually metered gas and electric, while the owner covers water, sewer, and trash. Recent updates include wood laminate flooring in six of the eight units (two units have older carpet), six of the eight units water heater replacements, and a roof replaced approximately 11–12 years ago. The seller prefers to sell both buildings together but may consider selling individually with the right offer.