Grand Junction, CO 81501 581 W Indian Creek Drive 2, 4, 5, 6
$1,699,000
16 more
Presented By: VENTURE GROUP
- MLS# 20253883
- 07/14/2025
Disclaimer: The information contained in this listing has not been verified by LoKation® Real Estate and should be verified by the buyer.
Beds • 12
Baths • 9
SQFT • 6,266
Home Details
Investment opportunity to purchase four townhomes located at 581 W Indian Creek Drive, including units: 2, 4, 5, & 6 at a 5.7% Cap Rate. Two of four units are leased on 1-year terms and offer an income-producing asset in a strong rental market. Units were all built in 2022 and feature modern floor plans. Units 2, 5, & 6 are single story and offer 3-bedrooms and 2-bath with nice open concept. Unit 4 is a 2-story unit and features 3-bedrooms and 3-bathrooms. All units come with refrigerators, dishwashers, ranges, microwaves, and in unit washers and dryers. All units come with attached 2-car garages.
Presented By: VENTURE GROUP
Interior Features for 581 W Indian Creek Drive 2, 4, 5, 6
Bedrooms
Total Bedrooms12
Bathrooms
Total Baths9
Other Interior Features
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringCarpet, Luxury Vinyl, Luxury VinylPlank
Heating Y/NYes
Interior AmenitiesCeiling Fan(s), Pantry, Walk-In Closet(s), Walk-In Shower
Laundry FeaturesWasher Hookup, Dryer Hookup
General for 581 W Indian Creek Drive 2, 4, 5, 6
AccessibilityNone, Low Threshold Shower
AppliancesDryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Range Hood, Washer
Architectural StyleOther, See Remarks
Assoc Fee Paid PerMonthly
Association AmenitiesNone
Association Fee IncludesCommon Area Maintenance, Maintenance Structure, Snow Removal, Sprinkler
CityGrand Junction
Construction MaterialsStone, Stucco, Wood Frame
CoolingCentral Air
CountyMesa
Current UseResidential, Single Family
DirectionsEast on Patterson Road, South on West Indian Creek Drive. Townhomes located on right side.
Elementary SchoolNisley
Elevation4495
Facing DirectionEast
HOAYes
HOA Fee$155
HeatingForced Air
High SchoolCentral
Land Lease Y/NNo
MLS AreaGrand Junction City
Middle/Junior High SchoolBookcliff
ModificationTimestamp2026-04-27T15:22:38.360-00:00
Number Of Units Total4
Patio/Porch FeaturesOpen, Patio
PostalCityGrand Junction
Property Sub Type AdditionalMulti Family
Property SubtypeMulti Family
Property TypeResidential
RoofAsphalt, Composition
SewerConnected
Standard StatusActive
StatusActive
Subdivision NamePeppertree
Tax Annual Amount7412.18
Tax Year2024
Unit Number2, 4, 5, 6
Year Built2022
Zoning DescriptionRM-8
Exterior for 581 W Indian Creek Drive 2, 4, 5, 6
Building Area Total6266
Exterior AmenitiesNone
Foundation DetailsSlab
Lot Dimensions117' x 28'
Lot FeaturesLandscaped
Lot Size Acres0.08
Lot Size SourcePublic Records
Road Frontage TypeCity Street
Water SourcePublic
Additional Details
Price History
Schools
Middle School
Bookcliff Middle School
Elementary School
Nisley Elementary School
