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Property profile & analytics
OFF-MARKET
Estimated value
$1,190,000
Motels
161 Crystal Park Rd Manitou Springs, CO 80829-2633
Entity Owned
5-yr Hold
Free & Clear
Property ID
US13-0580952
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1935
Construction
WOOD FRAME
Total area
706 SF
Lot
9.04 ac (393,782 SF)
Zoning code
LDR
APN
7409100007
UPID
US13-0580952
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
$1.12M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.19M
Owner & transaction history
Manitou Cabins LLC · 5 yrs held
Manitou Cabins LLC
since 2021
Last sale
$1.2M
1 recorded transaction
Zoning & alternative use
LDR · Manitou 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 Manitou Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Manitou 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
$1,200,000
ML approach
$1,115,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.19M
Range $1.07M – $1.31M · ±10% · vs last sale $1.22M (Jan 6 2021)
Last sale anchor
$1.22M
Jan 6 2021
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
$1,686 / 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
Assessed value
$237,500
Assessed 2023
Previous assessed
$237,500
+0.0% YoY
Assessed land
$90,680
Assessed improvement
$146,820
Land market value
$325,000
Improvement market value
$526,223
Total market value
$851,223
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1935
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
21
Stories
1
Rooms
62
Bathrooms
24
Total area
706 SF
Lot
9.04 ac (393,782 SF)
Zoning code
LDR
APN
7409100007
UPID
US13-0580952
Jurisdiction
EL PASO
Zoning & alternative use
LDR · Manitou Springs, CO
Zoning LDR · permitted uses
LDR · Manitou Springs, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Manitou Springs. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1935
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
21
Rooms
62
Bathrooms
24
Lot
9.04 ac
Current owner
From public records · entity-resolved
Manitou Cabins LLC
Entity
Free & Clear · 5 yrs held
Mailing address
101 N CASCADE AVE STE #200, COLORADO SPRINGS, CO 80903-1413
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2021
$1,220,000
Manitou Cabins LLC
Cheyenne Foundation
Grant Deed
—
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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