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
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Listing Snapshot
Price
$8,543,000
Days On Site
10 Days
Bedrooms
3
Inside Area (SqFt)
32,420 sqft
Total Baths
3
Full Baths
2
Partial Baths
1
Lot Size
N/A
Year Built
2024
MLS® Number
6191551
Status
Active
Property Tax
$37.96
HOA/Condo/Coop Fees
$85 monthly
Sq Ft Source
Builder
Friends & Family
React
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Cable AvailableElectricity ConnectedNatural Gas Not Available
Water Source
Private
Interior Features
Appliances
OvenConvection OvenDishwasherDisposalElectric Water HeaterMicrowaveRangeSelf Cleaning Oven
Cooling
Central AirOther
Electric
220 Volts
Flooring
CarpetVinyl
Furnished
Unfurnished
Heating
ElectricForced AirHeat Pump
Interior
Eat-in KitchenHigh Speed InternetOpen FloorplanPantrySmart ThermostatWalk-In Closet(s)Wired for Data
Laundry Features
In Unit
Window Features
Double Pane Windows
Bathroom (1/2)
Level - MainDescription - 17 total in 21 units
Bathroom (Full)
Level - UpperDescription - 46 total in 21 units
Bedroom
Dimensions - 9 x 15Level - Upper
Dining Room
Dimensions - 9 x 10Level - Main
Kitchen
Dimensions - 9 x 10Level - Main
Laundry
Dimensions - 4 x 7.5Level - Upper
Living Room
Dimensions - 11 x 12Level - Main
Primary Bathroom (Full)
Level - Upper
Primary Bedroom
Dimensions - 20 x 12Level - Upper
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Exterior Features
Construction Details
FrameStucco
Exterior
Private YardRain Gutters
Fencing
FencedFull
Road Frontage
Private Road
View
City
Waterview
City
Windows/Doors
Double Pane Windows
Community Features
Association Amenities
Parking
Association Dues
85
Building Access
Ground
Financing Terms Available
CashConventionalFHAVA Loan
HOA Fee Frequency
Monthly
Roads
Paved
School District
Mesa County Valley 51
Schools
School District
Mesa County Valley 51
Elementary School
Lincoln Orchard Mesa
Middle School
Orchard Mesa
High School
Grand Junction
Listing courtesy of BOA Sales Group wendi@boasalesgroup.com
The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO real estate listings held by brokers other than BOA Sales Group are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.
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