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2772 Caspian Way

Grand Junction, CO 81503
  • $8,543,000
  • STATUS: Active
  • ON SITE: 35 Days
  • MLS #: 20250500
$8,543,000
  • 67
    BEDS
  • 2
    ACRES
  • 63
    BATHS
  • 0
    1/2 BATHS
  • 32,420
    SQFT
  • $264
    $/SQFT
Type:
Townhouse
Built:
2024
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

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

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© 2025 Grand Junction MLS. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Kimbrough Team | RE/MAX 4000. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Kimbrough Team | RE/MAX 4000. Data last updated 2025-03-17T00:15:19.97 UTC.

www.thekimbroughteam.com/homes/160188377
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2772 Caspian Way Grand Junction, CO 81503

  • Price: $8,543,000
  • Status: Active
  • On Site: 35 Days
  • MLS #: 20250500
67
Beds
63
Baths
0
½ Baths
2
Acres
32,420
SQFT
$264
$/SQFT
2024
Built
Neighborhood:
Row Homes At Meridian Park
County:
Mesa
Area:
Orchard Mesa
Elementary School:
Lincoln Om
Middle School:
Orchard Mesa
High School:
Grand Junction
Property Description
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
Exterior Features

Architectural Style Two Story Attached Garage YN Yes Construction Materials Stucco Wood Frame Direction Faces West Exterior Features None Sprinkler / Irrigation Fencing Partial Garage YN Yes Levels Two Lot Features Landscaped Sprinkler System Lot Size Dimensions 410x230 Parking Features Attached Garage Garage Door Opener Shared Driveway Patio And Porch Features Covered Deck Road Frontage Type Private Road Shared Road Surface Type Paved Roof Asphalt Composition

Interior Features

Appliances Dishwasher Electric Oven Electric Range Disposal Microwave Cooling Central Air High Efficiency Heat Pump Whole House Fan Cooling YN Yes Fireplace Features None Fireplace YN No Flooring Carpet Luxury Vinyl Luxury Vinyl Plank Foundation Details Slab Green Energy Efficient Lighting Windows Heating Electric Forced Air Heat Pump Heating YN Yes Interior Features Pantry Solid Surface Counters Upper Level Primary Walk- In Closet(s) Walk- In Shower Programmable Thermostat Laundry Features Laundry Closet In Hall Washer Hookup Dryer Hookup Rooms Living Room (Main Level) Laundry (Upper Level) Kitchen (Main Level) Family Room (Main Level) Dining Room (Main Level) Bedroom 3 (Upper Level) Primary Bedroom (Upper Level) Bedroom 2 (Upper Level) Window Features Low- Emissivity Windows

Property Features

Accessibility Features Accessible Hallway(s) Low Threshold Shower Association Fee 85 Association Fee Frequency Monthly Association Fee Includes Common Area Maintenance Cable TV Other Snow Removal See Remarks Trash Association YN Yes Current Use Residential Elevation 4651 Green Water Conservation Low- Flow Fixtures Land Lease YN No Property Sub Type Townhouse Security Features Radon Mitigation System Sewer Connected Utilities Water Not Available Water Source None Zoning Description MU-2

Listing courtesy of Wendi Gechter of BOA SALES GROUP: 970-242-3071.
© 2025 Grand Junction MLS. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Kimbrough Team | RE/MAX 4000. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Kimbrough Team | RE/MAX 4000. Data last updated 2025-03-17T00:15:19.97 UTC.

 
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The Kimbrough Team | RE/MAX 4000
120 West Park Drive, Suite 200
Grand Junction CO, 81505