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Property profile & analytics
OFF-MARKET
Estimated value
$7,590,000
Residential income homes
1089 Hover St Longmont, CO 80501-7908
Entity Owned
4-yr Hold
Free & Clear
Property ID
US13-0932291
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Year built
2017
Construction
FRAME
Total area
57,878 SF
Lot
2.65 ac (115,390 SF)
Zoning code
200
APN
1315-08-0-42-004
UPID
US13-0932291
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
Current use
Occupant on record · Public records
-
Fairfield Inn & Suites Boulder Longmont Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.22M
Blend (final)
Blend
$7.59M
Owner & transaction history
1089 M3 LLC · 4 yrs held
1089 M3 LLC
since 2022
7 recorded transactions
Zoning & alternative use
200 · Longmont, 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 Longmont submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Longmont 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.59M
Range $6.83M – $8.35M · ±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
$131 / 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
$254,950
Tax year 2023
Assessed value
$2,710,513
Assessed 2023
Previous assessed
$2,088,000
+29.8% YoY
Effective rate
9.41%
On assessed value
Assessed land
$387,503
Assessed improvement
$2,323,010
Land market value
$1,388,900
Improvement market value
$8,326,200
Total market value
$9,715,100
Applied tax rate
680.0000
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
Off-Market
Year built
2017
Construction
FRAME
Heating
ZONE
Stories
4
Rooms
95
Total area
57,878 SF
Lot
2.65 ac (115,390 SF)
Zoning code
200
APN
1315-08-0-42-004
UPID
US13-0932291
Jurisdiction
BOULDER
Zoning & alternative use
200 · Longmont, CO
Zoning 200 · permitted uses
200 · Longmont, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Longmont. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2017
Construction
FRAME
Heating
ZONE
Stories
4
Rooms
95
Lot
2.65 ac
Current owner
From public records · entity-resolved
1089 M3 LLC
Entity
Free & Clear · 4 yrs held
Mailing address
270 SAINT PAUL ST STE #200, DENVER, CO 80206-5133
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 26, 2026
—
Longmont Hospitality Group LLC
—
Deed
related
$4,000,000 · Longmont First Mortgage LLC
Feb 22, 2022
—
1089 M3 LLC
Pdm Company LLC
Bargain And Sale Deed
—
Oct 17, 2019
—
Pdm Co LLC
Parker D Macy
Grant Deed
—
Oct 16, 2019
—
Semco LLC
Sloan E Macy
Grant Deed
—
Jul 16, 2019
$250,500
Parker D Macy
Lozinski Roberta K Trust
Grant Deed
—
Jul 1, 2019
—
Lozinski,roberta K Trust
1089 M3 LLC
Grant Deed
related
—
Jun 8, 2015
—
1089 M3 LLC
M3 Properties LLC
Grant Deed
—
Jul 12, 2005
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
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.
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