I assume it is built for profit generation, it is a $1.5m 2000sqft house in Grand Junction with a destroyed building next to it. Not that I would be interested, but it would be a pretty ideal place for a wild bachelor party or hedonistic hootenanny.
I just find it hard to see where the ROI rental price would be sane for the market in that area. The median income of that area is $35k with a stable population of 69k(nice) and median home value of $470k, they have one strip club that is only as good as the oilfields are doing and a small swingers population as far as I can tell.
Maybe their idea is being a stop over spot between Vegas and the front range or SLC?
The lot is already planned to have townhouses. That’s where the profit comes from to put a Ferrari in the garage that you can look at from the hot tub but never drive.
I assume it is built for profit generation, it is a $1.5m 2000sqft house in Grand Junction with a destroyed building next to it. Not that I would be interested, but it would be a pretty ideal place for a wild bachelor party or hedonistic hootenanny.
I just find it hard to see where the ROI rental price would be sane for the market in that area. The median income of that area is $35k with a stable population of 69k(nice) and median home value of $470k, they have one strip club that is only as good as the oilfields are doing and a small swingers population as far as I can tell.
Maybe their idea is being a stop over spot between Vegas and the front range or SLC?
The lot is already planned to have townhouses. That’s where the profit comes from to put a Ferrari in the garage that you can look at from the hot tub but never drive.