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Property profile & analytics
OFF-MARKET
Assisted living facilities
1795 Monterey Rd, Colorado Springs, CO 80910-1823
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US13-0959582
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1976
Construction
WOOD FRAME
Total area
31,752 SF
Lot
3.02 ac (131,551 SF)
Zoning code
OC
APN
6428106040
UPID
US13-0959582
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
-
Falcon Heights Health & Rehabilitation Center (formerly Aspen Living Center) Nursing Home
-
Colorado Springs cardiology and Medical Billing Service
-
Falcon Heights Health and Rehabilitation Physical Therapist Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Smv Colorado Springs Aspen LLC · 21 yrs held
Smv Colorado Springs Aspen LLC
since 2005
7 recorded transactions
Zoning & alternative use
OC · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$8,125
Tax year 2023
Assessed value
$161,950
Assessed 2023
Previous assessed
$161,950
+0.0% YoY
Effective rate
5.02%
On assessed value
Assessed land
$28,650
Assessed improvement
$133,300
Land market value
$427,541
Improvement market value
$1,989,580
Total market value
$2,417,121
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1976
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Total area
31,752 SF
Lot
3.02 ac (131,551 SF)
Zoning code
OC
APN
6428106040
UPID
US13-0959582
Jurisdiction
EL PASO
Zoning & alternative use
OC · Colorado Springs, CO
Zoning OC · permitted uses
OC · Colorado Springs, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Colorado Springs. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1976
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
3.02 ac
Current owner
From public records · entity-resolved
Smv Colorado Springs Aspen LLC
Entity
Mailing address
45 BROADWAY FL #25, NEW YORK, NY 10006-3777
Ownership since
2005
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
Jun 11, 2025
—
Smv Colorado Springs Aspen LLC
—
Deed
related
$262,600,000 · Capital Funding Mortgage Trust 024
Oct 1, 2021
—
Smv Colorado Springs Aspen LLC
—
Deed
related
$262,600,000 · Capital Funding
Jan 18, 2019
—
Smv Colorado Springs Aspen LLC
—
Deed
related
$335,000,000 · Column Financial INC
Oct 18, 2016
—
Smv Colorado Springs Aspen LLC
—
Deed
related
$710,000,000 · Deutsche Bk Ag/ny Branch
Apr 11, 2011
—
Smv Colorado Springs Aspen LLC
—
Deed Of Trust
related
$735,000,000 · Us Bank NA #2006-tfl2 (ce)
Nov 29, 2007
—
Smv Colorado Springs Aspen LLC
—
Deed Of Trust
related
$120,000,000 · Column Financial INC
Jun 29, 2006
—
Smv Colorado Springs Aspen LLC
—
Deed Of Trust
related
$800,000,000 · Column Financial INC
Jan 28, 2005
$3,515,031
Smv Colorado Springs Aspen LLC
Living Centers-rocky Mtn INC
Deed Of Trust
$820,000,000 · Column Financial INC
—
—
Smv Colorado Springs Aspen LLC
—
Deed Of Trust
related
$700,000,000 · German Am Cap
—
—
Smv Colorado Springs Aspen LLC
—
Deed Of Trust
related
$710,000,000 · Deutsche Bk Ag/ny Branch
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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