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Property profile & analytics
OFF-MARKET
Estimated value
$5,350,000
Hotels
1620 Oakridge Dr Fort Collins, CO 80525-5555
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US13-1023060
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
39,756 SF
Lot
1.72 ac (74,923 SF)
APN
86061-62-001
UPID
US13-1023060
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
-
Hampton Inn Ft. Collins Hotel & Motel
-
Youngs Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.02M
CAP Approach
CAP
$3.59M
Comparable Approach
Comparable
$3.22M
Blend (final)
Blend
$5.35M
Owner & transaction history
Harmony Hospitality LLC · 6 yrs held
Harmony Hospitality LLC
since 2020
Last sale
$5.5M
7 recorded transactions
Zoning & alternative use
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 Fort Collins submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Collins 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
$7,185,000
ML approach
$7,020,000
CAP Approach
CAP Return
Estimation
6%
$3,885,000
6.5%
$3,590,000
7%
$3,330,000
Blend value · Realmo final
$5.35M
Range $4.82M – $5.89M · ±10% · vs last sale $5.55M (Mar 30 2020)
Last sale anchor
$5.55M
Mar 30 2020
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
$135 / 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
$164,799
Tax year 2023
Assessed value
$1,813,500
Assessed 2023
Previous assessed
$1,251,930
+44.9% YoY
Effective rate
9.09%
On assessed value
Assessed land
$418,054
Assessed improvement
$1,395,446
Land market value
$1,498,400
Improvement market value
$5,001,600
Total market value
$6,500,000
Applied tax rate
1,100.0000
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
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
GAS
Cooling
AC.PACKAGE
Stories
3
Units
76
Rooms
75
Total area
39,756 SF
Lot
1.72 ac (74,923 SF)
APN
86061-62-001
UPID
US13-1023060
Jurisdiction
LARIMER
Zoning & alternative use
Zoning · permitted uses
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
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
GAS
Cooling
Yes
Stories
3
Units
76
Rooms
75
Lot
1.72 ac
Current owner
From public records · entity-resolved
Harmony Hospitality LLC
Entity
Mailing address
3955 AERIE LN, FORT COLLINS, CO 80528-8966
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2020
$5,545,000
Harmony Hospitality LLC
Hit Smt Ftcco001 Owner LLC
Grant Deed
$6,285,000 · Minnwest Bk
May 24, 2019
—
Hit Smt Ftcco001 Owner LLC
—
Deed
related
—
May 1, 2017
—
Hit Smt Ftcco001 Owner LLC
—
Loan Modification
related
$310,000,000 · Citibank
May 5, 2011
—
Summit Hospitality I LLC
—
Deed Of Trust
related
$400,000,000 · Deutsche Bank Ag Ny Branch
Jan 6, 2005
—
Summit Hospitality I LLC
Summit Hotel Properties LLC
Quit Claim Deed
related
$88,000,000 · Lehman Brothers Bank Fsb
Apr 12, 2004
—
Summit Hotel Properties LLC
Summit Group Of Ft Collins Colora
Quit Claim Deed
related
—
—
—
Hit Smt Ftcco001 Owner LLC
—
Loan Modification
related
—
—
—
Arc Hospitality Smt Ftcco001 O
—
Deed Of Trust
related
$450,000,000 · Deutsche Bk Ag/ny Branch
—
—
Summit Hospitality I LLC
—
Deed Of Trust
related
—
—
—
Summit Group Of Fort Collins
—
Deed Of Trust
related
$2,645,000 · Scott Financial
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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