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Property profile & analytics
OFF-MARKET
Estimated value
$8,995,000
Residential income homes
1101 69th Ave Denver, CO 80221-7080
Entity Owned
4-yr Hold
Property ID
US13-0077071
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1971
Construction
FRAME
Total area
3,830 SF
Lot
1.37 ac (59,677 SF)
APN
R0098865
UPID
US13-0077071
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
$9.29M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.00M
Owner & transaction history
San Miguel 24 LLC · 4 yrs held
San Miguel 24 LLC
since 2022
Last sale
$9.1M
7 recorded transactions
Zoning & alternative use
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 Denver submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Denver 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
$8,495,000
ML approach
$9,285,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$9.00M
Range $8.10M – $9.89M · ±10% · vs last sale $9.10M (Apr 22 2022)
Last sale anchor
$9.10M
Apr 22 2022
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
$2,349 / 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
$72,118
Tax year 2023
Assessed value
$611,710
Assessed 2023
Previous assessed
$611,710
+0.0% YoY
Effective rate
11.79%
On assessed value
Assessed land
$24,220
Assessed improvement
$587,490
Land market value
$358,063
Improvement market value
$8,684,245
Total market value
$9,042,308
Applied tax rate
491.0000
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
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1971
Construction
FRAME
Heating
HOT WATER
Buildings
4
Stories
2
Units
4
Rooms
12
Bathrooms
40
Total area
3,830 SF
Lot
1.37 ac (59,677 SF)
APN
R0098865
UPID
US13-0077071
Jurisdiction
ADAMS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1971
Construction
FRAME
Heating
HOT WATER
Stories
2
Buildings
4
Units
4
Rooms
12
Bathrooms
40
Lot
1.37 ac
Current owner
From public records · entity-resolved
San Miguel 24 LLC
Entity
Mailing address
7340 E CALEY AVE STE #225, CENTENNIAL, CO 80111-6710
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 22, 2022
$9,100,000
San Miguel 24 LLC
Timber Ridge Vare LLC
Special Warranty Deed
$6,812,000 · Berkadin Commercial Mortgage LLC
Nov 13, 2020
—
Timber Ridge Vare LLC
Timber Ridge Apartments LLC
Quit Claim Deed
$3,610,000 · Farmers & Merchants Nat'l Bk
Feb 26, 2015
$2,700,000
Timber Ridge Apartments LLC
Michael W Stauter
Warranty Deed
$2,025,000 · Americanwest Bank
Feb 13, 2003
$2,264,000
Michael W Stauter
Denk,juergen & Lisa
Grant Deed
$1,811,200 · Matrix Capital Bank
Jul 22, 2002
$176,660
Juergen Denk
Point Comfort Development LLC
Grant Deed
—
May 10, 2002
$1,766,630
Juergen Denk
Point Comforst Development LLC
Grant Deed
—
Aug 18, 2000
$1,675,000
Point Comfort Development LLC
Bella Vista Investments LLC
Grant Deed
$1,340,000 · Seller
—
—
Michael W Stauter
—
Deed Of Trust
related
$1,850,000 · Lasalle National Bank
—
—
Michael W Stauter
—
Deed Of Trust
related
$1,720,100 · American West Bank
—
—
Juergen Denk
—
Deed Of Trust
related
$400,000 · Guaranty Bank & Trust Co
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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