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Property profile & analytics
FOR SALE
Residential income homes
104 S 2 St Kremmling, CO 80459
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US13-1894599
For Sale
1 / 50
$1,390,000
104 S 2 St, Kremmling, CO 80459
View Listing →
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Year built
1906
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
11,780 SF
Lot
0.16 ac (7,187 SF)
Zoning code
KR
APN
144107415003
UPID
US13-1894599
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$350k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$729k
Blend (final)
Blend
$540k
Owner & transaction history
Kremmiling Hospitality LLC · 6 yrs held
Kremmiling Hospitality LLC
since 2019
3 recorded transactions
Zoning & alternative use
KR · Kremmling, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Kremmling submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kremmling submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$350,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$540k
Range $486k – $594k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$46 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$13,198
Tax year 2023
Assessed value
$173,900
Assessed 2023
Previous assessed
$144,720
+20.2% YoY
Effective rate
7.59%
On assessed value
Assessed land
$32,020
Assessed improvement
$141,880
Land market value
$127,640
Improvement market value
$630,820
Total market value
$758,460
Applied tax rate
15.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Status
For Sale
Year built
1906
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
STEAM
Cooling
NONE
Buildings
2
Stories
2
Total area
11,780 SF
Lot
0.16 ac (7,187 SF)
Zoning code
KR
APN
144107415003
UPID
US13-1894599
Jurisdiction
GRAND
Zoning & alternative use
KR · Kremmling, CO
Zoning KR · permitted uses
KR · Kremmling, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kremmling. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1906
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
STEAM
Cooling
Yes
Stories
2
Buildings
2
Lot
0.16 ac
Current owner
From public records · entity-resolved
Kremmiling Hospitality LLC
Entity
Mailing address
PO BOX 738, KREMMLING, CO 80459-0738
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 13, 2019
$810,000
Kremmiling Hospitality LLC
Walt Van Lue
Special Warranty Deed
$596,250 · Grand Mountain Bank Fsb
Jun 6, 2013
$330,000
Walt Van Lue
Eastin Hotel LLC
Special Warranty Deed
$318,000 · Eastin Hotel LLC
Mar 9, 2010
$390,000
Djt International LLC
Eastin Hotel LLC
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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