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Property profile & analytics
OFF-MARKET
Estimated value
$990,000
Garden apartment buildings
1148 Washington St Denver, CO 80203-5201
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US13-2793432
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1968
Construction
WOOD
Total area
5,520 SF
Lot
0.13 ac (5,552 SF)
Zoning code
G-MU-5
APN
05031-22-029-000
UPID
US13-2793432
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
-
Current Wisdom Marketing & Advertising
-
Wojciech Seweryn Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.29M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$990k
Owner & transaction history
1148 Washington St B · 8 yrs held
1148 Washington St B
since 2018
7 recorded transactions
Zoning & alternative use
G-MU-5 · Denver, 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,395,000
6.5%
$1,290,000
7%
$1,195,000
Blend value · Realmo final
$990k
Range $891k – $1.09M · ±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
$179 / 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
$11,489
Tax year 2023
Assessed value
$148,270
Assessed 2023
Previous assessed
$111,950
+32.4% YoY
Effective rate
7.75%
On assessed value
Assessed land
$23,580
Assessed improvement
$124,690
Land market value
$406,900
Improvement market value
$1,861,100
Total market value
$2,268,000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1968
Construction
WOOD
Heating
HOT WATER
Cooling
WALL UNIT
Stories
3
Units
9
Rooms
27
Bathrooms
1
Total area
5,520 SF
Lot
0.13 ac (5,552 SF)
Zoning code
G-MU-5
APN
05031-22-029-000
UPID
US13-2793432
Jurisdiction
DENVER
Zoning & alternative use
G-MU-5 · Denver, CO
Zoning G-MU-5 · permitted uses
G-MU-5 · Denver, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Denver. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1968
Construction
WOOD
Heating
HOT WATER
Cooling
Yes
Stories
3
Units
9
Rooms
27
Bathrooms
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
1148 Washington St B
Individual
Mailing address
200 LIPAN ST, DENVER, CO 80223-1318
Ownership since
2018
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
Sep 14, 2021
—
1148 Washington St A LLC
—
Deed
related
$950,000 · Firstbank
Sep 10, 2020
—
1148 Washington St A LLC
—
Deed
related
$346,760 · Firstbank
Apr 26, 2018
$220,000
1148 Washington St B
1148 Washingron St A LLC
Grant Deed
—
Jun 30, 2010
$581,300
1148 Washington St A
1148 Washington Street LLC
Special Warranty Deed
$406,933 · Firstbank Of South Jeffco
Jun 30, 2010
—
Washington St B 1148
Waples-trefil,flora J
Quit Claim Deed
related
—
Apr 5, 2006
$620,000
1148 Washington Street LLC
High Peaks Realty Realty LLC
Warranty Deed
$300,000 · High Peaks Realty LLC
Jun 5, 2000
$630,000
High Peaks Realty LLC
Newell Trust
Grant Deed
$450,000 · Individual
—
—
High Peaks Realty LLC
—
Deed Of Trust
related
$450,000 · Sandra T Geller
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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