Are you thinking about investing in Grand Junction real estate? Real estate investments carry far-reaching potential. By investing in a rental property, you could earn a steady passive income, while growing your wealth and equity over the long term. That said, to succeed to you need to invest in the best neighborhoods.

If you’re looking for an area with a strong local economy, a growing job market, and a healthy rental market, Grand Junction, Colorado, is your best choice! As the largest city in Mesa County, Grand Junction is one of the most sought-after places to live in Colorado. With a prime position between Denver and Salt Lake City, Grand Junction has a booming real estate market that attracts homebuyers, renters, and investors alike.

The city is perfect for a range of residents, with its picturesque landscapes, outdoor recreation opportunities, tight-knit community, and lively arts and culture scene. So, you can rest assured that you’ll get your pick of renters in this city.

If you don’t know where to start, we’ve got you covered! In this article, we here at Kokopelli Real Estate will go over the top areas in Grand Junction that you could consider for your next property investment.

a home figurine on a purchasing contract

Top Grand Junction Neighborhoods for Real Estate Investments

Grand Junction, is a ripe area for real estate investments. Located in Western Colorado, the city offers a diverse range of housing options from historic homes to modern condos, accommodating various preferences and budgets. Moreover, the city’s economic stability and growing population ensure a promising return on investment. 

If you’ve been thinking about investing in Colorado, but don’t know where to do it, we’ve got your back. Here are the best neighborhoods to invest in Grand Junction and the surrounding areas:

Redlands

Redlands is one of the most desired areas in Grand Junction. This area provides its residents with luxury amenities and a high quality of life. A wide range of tenants are always looking for the opportunity to rent in Redlands. After all, who wouldn’t want to live in a high-quality home with breathtaking views of the Colorado National Monument? 

Downtown Grand Junction

If you want to explore everything Grand Junction has to offer, there’s no better way to do it than living in its lovely downtown. Located at the heart of the city, this area is a true testament to Grand Junction’s rich history, housing plenty of well-preserved historic buildings and tree-lined streets. 

downtown street in Grand Junction

What’s more, downtown Grand Junction has been a focal point for new developments for many years. Because of this, the neighborhood boasts a wide variety of modern amenities including shopping malls, entertainment venues, improved infrastructure, and ample cultural spaces. These developments will make it easier to attract new tenants to your Grand Junction rental as they offer desirable amenities.

Grand Valley

As the home of Grand Valley State University, this neighborhood is great for short-term rental investments. The university welcomes more than 23,000 students every year, meaning that there’s a high demand for rental accommodations near the main campus. Investors can decide to rent to students, professors, or admin staff.

But Grand Valley is not only attractive to college students and faculty. The area contains many vineyards and orchards and is home to one of the only two designated American Viticultural Areas in Colorado. Grand Valley’s ample natural areas, stunning landscapes, and plenty of attractions make it a popular destination among people looking to move to or visit Colorado providing real estate investors with access to both short and long-term renters. 

Fruita

Set beside the Colorado River lies Fruita, a quiet city with stunning views and ample amenities. This small city is perfect for outdoor enthusiasts. Fruita’s ample natural areas are perfect for running, hiking, cycling, kayaking, and more. Other things to do in the city include Highline Lake State Park, Dinosaur Hill, and Orbit Art Space.

a bike on a  grassy path at sunset

Compared to larger cities in Colorado, Fruita offers a more affordable cost of living. Because of this, homes tend to be cheaper. This means that, as a real estate investor, you can get more for your money in Fruita than in other comparable areas. Moreover, you’ll get your pick of homes in this city, from historic homes to modern developments. 

Clifton

Tucked between Grand Junction and Palisade, Clifton is a popular area among commuters. The city’s small-town charm, low cost of living, and lower crime rates make it one of the best places to live in Colorado. Moreover, with its affordable homes and a growing rental market, Clifton is an area with high potential for real estate investments. 

Palisade

Nicknamed “The Peach Capital of Colorado,” the city of Palisade is known for its many peach groves. It’s also home to more than 30 wineries and vineyards, which makes it a popular destination for foodies. What’s more, Palisade is popular with outdoor enthusiasts, as the city’s access to the Colorado River is an ideal spot for boating, canoeing, fishing, and tubing.

Palisade’s downtown features a mix of restaurants, shops, and art galleries, as well as the historic Peach Street Distillers. The city’s quiet atmosphere, affordable housing options, growing job market, and overall quality of life make it a great area for real estate investments.

Bottom Line

Grand Junction is a popular city among real estate investors. With its strong local economy, growing population, bubbling arts and culture scene, and affordable housing, the city with a lot of potential for property investments. If you’re looking to purchase a property in this city, you should consider neighborhoods such as Redlands and Downtown Grand Junction.


Are you ready to invest in Grand Junction, Colorado? Contact Kokopelli Real Estate today! We’ll help you find the perfect property to add to your portfolio.