$659,000
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560 N Sparn Court Grand Junction, CO 81501
Fourplex
Residence
10
Beds
4
Baths
4,024
Sq. Ft.
0.31
Acre
Lot
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4-Plex Opportunity on a Quiet Cul-de-Sac – High Tenant Appeal! Nestled on a lovely cul-de-sac, this well-maintained 4-plex offers an attractive investment opportunity with a current rent roll of $5,480 and room to increase. Each unit features a highly desirable two-story layout that tenants love. ...End units offer spacious two-bedroom layouts with a versatile loft that can be used as an additional bedroom, office, or second living area. Middle units are thoughtfully designed with one bedroom on the ground floor and a loft upstairs for flexible living space. The property sits on a comfortable, well-sized lot that enhances tenant satisfaction, while amenities like a community laundry room and ample parking add convenience. Its central location provides easy access to local amenities, making it even more appealing to renters. Currently performing at a 6% cap rate, this property has room for value-add potential through rent increases or minor improvements. Don’t miss this opportunity to own a solid income-producing asset in a prime rental market! Buyer to verify all to satisfaction. Terms subject to change without notice.
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MLS#
20245262
Property Type
Fourplex
Bedrooms
10
Bathrooms
Year Built
1977
Square Feet
4,024
sq. ft
Lot Size
0.31
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