Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1108 E 7Th St Trinidad, CO 81082

    Property Lookup

    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1108 E 7Th St Trinidad, CO 81082

    View on Map
    • Apartment buildings
    • 6,912 SF
    For Sale
    $750,000
    View Listing →
    Multifamily Complex in Trinidad, CO For Sale
    $750,000
    6,912 SF

    Multifamily Complex in Trinidad, CO

    Value-add, income-producing, 100% leased multifamily complex in Trinidad, Colorado.

    1108 E 7th Street, Trinidad, CO 81082
    View Listing
    Property ID
    US13-1651090
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 1108 E 7Th St

    Year built
    1974
    Property size
    6,912 SF
    Property type
    Apartment buildings

    Description

    Are you looking for Value Add, Income Producing, 100% leased, Multifamily complex in the "Up & Coming," Beautiful, town of Trinidad? Note: This building has been taken great care of and been 100% occupied since that the last Owners bought this over 26+years ago. You'll also want to hear about how ... Trinidad is experiencing a housing shortage due to the influx of people moving here! So if you're wondering what all of the fuss is about, feel free to reach out to the listing agent anytime to learn more. He'll fill you in on all of the things that are making this town such an intelligent place to start, or grow your investment portfolio!

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Trinidad
    County
    Las Animas
    State
    Colorado
    Longitude
    -104.493652
    Latitude
    37.16601

    Comparable in this City

    • Contact for pricing
      26,000 SF

      Evergreen Apartments: Trinidad Multifamily Investment

      24-unit multifamily property near downtown Trinidad, Colorado.
      1425 Atchison Ave, Trinidad, CO 81082
      View Details
    • $900,000
      4,508 SF

      Multi-Unit Property with Expansion Potential

      Six-unit property with income, expansion potential, and scenic views.
      722 W Jefferson St, Trinidad, CO 81082
      View Details
    • $390,000
      4,208 SF

      Mixed-Use Corner Lot Opportunity

      Commercial and residential property in Trinidad, Colorado.
      1000 Arizona Ave, Trinidad, CO 81082
      View Details
    • $99,500

      Historic District Quadplex Opportunity

      Quadplex in historic district, potential for short term rentals.
      201 South Commercial St, Trinidad, CO 81082
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      26,000 SF

      Evergreen Apartments: Trinidad Multifamily Investment

      24-unit multifamily property near downtown Trinidad, Colorado.
      1425 Atchison Ave, Trinidad, CO 81082
      View Details
    • $900,000
      4,508 SF

      Multi-Unit Property with Expansion Potential

      Six-unit property with income, expansion potential, and scenic views.
      722 W Jefferson St, Trinidad, CO 81082
      View Details
    • $390,000
      4,208 SF

      Mixed-Use Corner Lot Opportunity

      Commercial and residential property in Trinidad, Colorado.
      1000 Arizona Ave, Trinidad, CO 81082
      View Details
    • $99,500

      Historic District Quadplex Opportunity

      Quadplex in historic district, potential for short term rentals.
      201 South Commercial St, Trinidad, CO 81082
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Historic Downtown Trinidad Office Suites

      Restored office suites in historic downtown Trinidad building for lease.
      125 N Commercial St, Trinidad, CO 81082
      View Details
    • $500 /Mo

      Renovated Commercial Space in Trinidad

      Fully renovated commercial space with versatile rooms and modern amenities.
      323 N Commercial St, Trinidad, CO 81082
      View Details
    • $7,150 /Mo
      26,572 SF

      Renovated Commercial Space, Trinidad, CO

      Fully renovated commercial space in downtown Trinidad, ready for your business.
      323 N Commercial St, Trinidad, CO 81082
      View Details
    • Contact for pricing

      Former School Building Available

      Well-maintained former school with classrooms, kitchen, gym, and more.
      1021 Pierce St, Trinidad, CO 81082
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1108 E 7Th St
    Trinidad, CO 81082
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!