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Property profile & analytics
OFF-MARKET
Estimated value
$48,090,000
Hotels
1717 Champa St Denver, CO 80202-2704
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US13-2798955
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1985
Construction
CONCRETE
Total area
141,195 SF
Lot
0.43 ac (18,884 SF)
Zoning code
D-C
APN
02345-18-030-000
UPID
US13-2798955
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
-
Kimpton Hotel Monaco Denver Hotel & Motel
-
Dumpster Rental Pro Denver Corporate Office
-
Encore Rental Equipment Company Tech Support Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$43.37M
Blend (final)
Blend
$48.09M
Owner & transaction history
Gpif Kden Hotel Owner LLC · 3 yrs held
Gpif Kden Hotel Owner LLC
since 2022
Last sale
$50.8M
4 recorded transactions
Zoning & alternative use
D-C · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$57.7M
+69.3%
Auto repair, garage
$56.6M
+65.8%
Office building
$52.9M
+55.1%
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
$47,410,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$34,100,000
Current use
RESTAURANT
$57,745,000
Change: +69% · Conversion: Difficult
AUTO REPAIR, GARAGE
$56,555,000
Change: +66% · Conversion: Difficult
OFFICE BUILDING
$52,875,000
Change: +55% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$45,825,000
Change: +34% · Conversion: Difficult
COMMERCIAL (GENERAL)
$45,700,000
Change: +34% · Conversion: Difficult
RETAIL STORES
$45,410,000
Change: +33% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$43,890,000
Change: +29% · Conversion: Difficult
Blend value · Realmo final
$48.09M
Range $43.28M – $52.90M · ±10% · vs last sale $50.80M (Dec 7 2022)
Last sale anchor
$50.80M
Dec 7 2022
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
$341 / 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
$944,970
Tax year 2023
Assessed value
$12,195,370
Assessed 2023
Previous assessed
$10,930,680
+11.6% YoY
Effective rate
7.75%
On assessed value
Assessed land
$1,835,650
Assessed improvement
$10,359,720
Land market value
$6,609,400
Improvement market value
$37,131,600
Total market value
$43,741,000
Applied tax rate
320.0000
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
1985
Construction
CONCRETE
Heating
HOT WATER
Cooling
CENTRAL
Stories
7
Units
189
Bathrooms
5
Total area
141,195 SF
Lot
0.43 ac (18,884 SF)
Zoning code
D-C
APN
02345-18-030-000
UPID
US13-2798955
Jurisdiction
DENVER
Zoning & alternative use
D-C · Denver, CO
Zoning D-C · permitted uses
D-C · 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.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$34.1M
RESTAURANT
Est. value
$57.7M
AUTO REPAIR, GARAGE
Est. value
$56.6M
OFFICE BUILDING
Est. value
$52.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$45.8M
COMMERCIAL (GENERAL)
Est. value
$45.7M
RETAIL STORES
Est. value
$45.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$43.9M
HOTEL/MOTEL Current
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1985
Construction
CONCRETE
Heating
HOT WATER
Cooling
Yes
Stories
7
Units
189
Bathrooms
5
Lot
0.43 ac
Current owner
From public records · entity-resolved
Gpif Kden Hotel Owner LLC
Entity
Mailing address
777 MAIN ST STE #2260, FORT WORTH, TX 76102-5309
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 7, 2022
$50,795,000
Gpif Kden Hotel Owner LLC
Ia Lodging Denver Champa LLC
Special Warranty Deed
$50,929,270 · Interbank
Nov 4, 2013
—
Ia Lodging Denver Champa LLC
Chief II Denver Hotel LLC
Grant Deed
related
—
Sep 3, 2008
—
Chief II Denver Hotel LLC
Prisa Hotel LLC
Grant Deed
$40,854,748 · Principal Life Insurance Co
Dec 30, 2004
$43,470,000
Prisa Hotel LLC
Denver Hotel Associates
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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