Technical
Financial
Distress signals
Property profile

132 Manitou Ave Manitou Springs, CO 80829

OFF-MARKET
Motels
Property ID
US13-0573417
1,568 SF 1.49 ac lot Built 1996
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1996
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,568 SF
Lot 1.49 ac (64,817 SF)
APN 7404410036
UPID US13-0573417

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

132 Manitou Ave Manitou Springs, CO 80829-2427
Manitou Springs metro Census 6701 COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$785k
CAP Approach CAP
by Request
Comparable Approach Comparable
$632k
Blend (final) Blend
$880k

Owner & transaction history

since 2023
Last sale
$880,000
3 recorded transactions
2023
$880,000
2019
$775,000
2017
$550,000

Zoning & alternative use

Top alternative use upside
Commercial (general) $530,000 +24.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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