Metro Denver Luxury Homes For Sale

Property Description

Discover a rare and unique investment opportunity with these newly constructed townhouse properties. Own 21 units at Meridian Park. Gross Rents – $613,800, Costs- $141,692, $NOI – $472,108, Cap Rate – 5.5%. 9 units complete, 4 are under construction and addtl 8 will be complete by end of year. 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

Features
: Heat Pump, Electric, Forced Air
: Other, Central Air, Air Conditioning-Room
: Full
: City
: Yes
: Carbon Monoxide Detector(s), Smoke Detector(s), Water Leak/Flood Alarm
: 3
: Unfurnished
: Dishwasher, Disposal, Microwave, Range, Self Cleaning Oven, Convection Oven, Electric Water Heater, Smart Appliances
: Contemporary
: Parking
: Concrete, Lighted, Electric Vehicle Charging Station(s), Finished, Smart Garage Door, Dry Walled
: Architecural Shingle
: Public Sewer
Address Map
CO
Mesa
Grand Junction
81503
Caspian
2772
Way
W109° 27' 42.4''
N39° 2' 26.7''
Additional Information
$85
Monthly
: Maintenance Grounds, Snow Removal, Trash, Reserves, Road Maintenance, Internet
: Frame, Stucco
West
In Grand Junction, CO, on Highway 50 turn north(towards City Market) at 27 3/4 Rd, drive 1/4 mile Caspian way is on the right. 2772 building is first building on the northwest.
: 220 Volts
Lincoln Orchard Mesa
: Private Yard, Rain Gutters, Smart Irrigation
: Carpet, Vinyl
3
Grand Junction
: Pantry, Open Floorplan, Smoke Free, Eat-in Kitchen, Solid Surface Counters, Smart Thermostat, High Speed Internet, Primary Suite, Radon Mitigation System, Walk-In Closet(s), Wired for Data
Yes
Yes
Cash, Conventional, FHA, Jumbo, VA Loan
Orchard Mesa
BOA Sales Group
2945-254-45-011
: None
: Townhouse
Row Homes at Meridian Park
$38
2024
: Cable Available, Electricity Connected, Natural Gas Not Available, Internet Access (Wired)
: Double Pane Windows, Egress Windows
02/12/2025
: Appliances, Construction, Insulation, Lighting, Thermostat, Water Heater, Windows, HVAC
32420
Active
Yes
1
Mesa County Valley 51
Slab
Mesa County Valley 51
In Unit
Mesa County Valley 51
02/12/2025
4
1
02/12/2025
Private
: Two

Row Homes at Meridian Park

2772 Caspian Way, Grand Junction, CO 81503

3 Bedrooms
3 Total Baths
32,420 Square Feet
$8,543,000
Listing ID #6191551
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 6191551
Price : $8,543,000
Bedrooms : 3
Rooms : 10
Total Baths : 3
Full Bathrooms : 2
1/2 Bathrooms : 1
Square Footage : 32,420 Square Feet
Year Built : 2024
Property Sub Type : Townhouse
Status : Active
Originating System Name : REcolorado
Agent info
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Fill out the form on this page or call The Principal Team at 720-408-7409.

You can also schedule a free, no-obligation consultation.