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Property profile & analytics
OFF-MARKET
Estimated value
$4,060,000
Hotels
1530 Newport Rd Colorado Springs, CO 80916-2744
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US13-2822721
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2006
Construction
WOOD FRAME
Total area
57,337 SF
Lot
2.04 ac (88,862 SF)
Zoning code
PBC AO
APN
6425003003
UPID
US13-2822721
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
-
TownePlace Suites Colorado Springs South Hotel & Motel
-
Directorate Techs Hotel & Motel
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.53M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.06M
Owner & transaction history
Bcore Falcon Prop Owner Cs LLC · 6 yrs held
Bcore Falcon Prop Owner Cs LLC
since 2019
7 recorded transactions
Zoning & alternative use
PBC AO · Colorado Springs, 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 Colorado Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Colorado Springs 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%
$5,990,000
6.5%
$5,530,000
7%
$5,135,000
Blend value · Realmo final
$4.06M
Range $3.65M – $4.47M · ±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
$71 / 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
$120,681
Tax year 2023
Assessed value
$2,359,090
Assessed 2023
Previous assessed
$2,359,090
+0.0% YoY
Effective rate
5.12%
On assessed value
Assessed land
$109,090
Assessed improvement
$2,250,000
Land market value
$390,993
Improvement market value
$8,064,532
Total market value
$8,455,525
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2006
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
4
Units
95
Total area
57,337 SF
Lot
2.04 ac (88,862 SF)
Zoning code
PBC AO
APN
6425003003
UPID
US13-2822721
Jurisdiction
EL PASO
Zoning & alternative use
PBC AO · Colorado Springs, COZoning PBC AO · permitted uses
PBC AO · Colorado Springs, CO
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
2006
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
Yes
Stories
4
Units
95
Lot
2.04 ac
Current owner
From public records · entity-resolved
Bcore Falcon Prop Owner Cs LLC
Entity
Mailing address
PO BOX A3956, CHICAGO, IL 60690-3956
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 5, 2019
$31,387,100
Bcore Falcon Prop Owner Cs LLC
Co Newport Hotels LLC
Trustees Deed
$15,000,000 · Wilmington Tr NA 2017-hr2 (ce)
Nov 21, 2017
—
Co Newport Hotels LLC
—
Deed
related
$15,000,000 · Argentic R/e Fin LLC
Nov 9, 2017
—
Co Newport Hotels LLC
Branson Hotel Corp
Grant Deed
related
—
Apr 29, 2008
—
Branson Hotel Corp
—
Trustees Deed
related
$499,000 · Valley View State Bank
Mar 8, 2007
—
Branson Hotel Corp
—
Trustees Deed
related
$499,000 · Valley View State Bank
Jun 28, 2006
—
Branson Hotel Corp
Building Exchange
Grant Deed
related
—
Jan 25, 2006
$1,416,800
Building Exchange Co
Beckett Aeroplaza Dev LLP
Grant Deed
—
—
—
Branson Hotel Corp
—
Loan Modification
related
$6,719,315 · Valley View State Bank
—
—
Co Newport Hotels LLC
—
Deed Of Trust
related
$15,000,000 · Argentic R/e Fin LLC
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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