104 White Avenue Grand Junction, CO

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104 White Avenue

Address

104 White Avenue
Grand Junction, CO 81501

Summary

  • Units: 45
  • Built: 1964
  • Renovated: 2019

Investment Highlights

  • Prime Downtown Grand Junction Location
  • Fully Renovated, Turn-Key Condition – Zero CapEx Required
  • Modern Interiors with Upgraded Kitchens, Bathrooms & A/C in Every Unit
  • Private Patios, Communal Outdoor Space & On-Site Off-Street Parking
  • Operational Upside Through Rent Stabilization and Utility Bill-Back Program

Prime Downtown Grand Junction Location

Within walking distance of Main Street, the property offers direct access to local dining, bars, and boutique retailers, as well as national chains such as Home Depot, Lowe’s, and Safeway. This central location supports strong tenant demand and long-term rent growth.

Fully Renovated, Turn-Key Condition – Zero CapEx Required

Extensive renovations include new windows, a new roof, updated electrical, air conditioning in every unit, and a repaved, relined parking lot. All major systems have been addressed, allowing investors to focus on operations and revenue growth without near-term capital needs.

Modern Interiors with Upgraded Kitchens, Bathrooms & A/C in Every Unit

Each unit features stylish, updated finishes, enhancing resident comfort and reducing turnover.

Private Patios, Communal Outdoor Space & On-Site Off-Street Parking

Tenants enjoy the convenience of dedicated off-street parking, private outdoor patios, and ample shared green space in a walkable urban setting.

Operational Upside Through Rent Stabilization and Utility Bill-Back Program

There is significant potential to increase revenue by aligning rents with market levels and implementing a utility bill-back system to reduce ownership expenses.

Location Map

Amenities

Amenities

Unit Amenities

  • Mini-Split Air Conditioning in Every Unit
  • Updated Kitchens & Bathrooms
  • Private Balconies

Community Amenities

  • Interior Common Areas for Tenants
  • Second Story Common Area Outdoor Patio for Tenants
  • Off-Street Parking

Team

Brokerage Team

When evaluating your options for a partner to assist with the sale of your multifamily asset, there are a number of factors you may consider. From experience and market knowledge to marketing prowess and ongoing support, each plays an integral role in creating a positive experience and a profitable outcome. Yet the one competency you may never have considered could be the one that matters most: the ability to move capital across markets efficiently and effectively.

Christian Burgdorf

Christian Burgdorf

Senior Advisor
FA.100081214
9084181799 christian.burgdorf@mmgrea.com
Austin Smith

Austin Smith

Senior Director
FA.100072371
3038689096 austin.smith@mmgrea.com