Grand Junction a Great Investment

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According to The Business Times, Grand junction is currently a hot bed for commercial real estate investments. Commercial service properties, hotels, industrial buildings, multi-family buildings and office buildings are either fully leased or selling.

It’s a great time to be buy with realistic capitalization rates of between 6.5 percent and 8 percent and bank interest rates that remain just above 4 percent. Larger apartment buildings in good condition are selling at rates of 7 and 8 percent.

Image courtesy of Proto Photo.

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