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Property profile & analytics
OFF-MARKET
Estimated value
$1,050,000
Hotels
1820 Colfax Ave Denver, CO 80218-2605
Entity Owned
9-yr Hold
Property ID
US13-0109468
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1896
Construction
WOOD
Total area
9,188 SF
Lot
0.14 ac (6,250 SF)
Zoning code
G-MS-5
APN
05021-05-015-000
UPID
US13-0109468
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
-
The Holiday Chalet Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.09M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.05M
Owner & transaction history
Suites Iq LLC · 9 yrs held
Suites Iq LLC
since 2017
7 recorded transactions
Zoning & alternative use
G-MS-5 · Denver, 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,180,000
6.5%
$1,090,000
7%
$1,010,000
Blend value · Realmo final
$1.05M
Range $945k – $1.16M · ±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
$114 / 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
$38,648
Tax year 2023
Assessed value
$441,270
Assessed 2023
Previous assessed
$279,100
+58.1% YoY
Effective rate
8.76%
On assessed value
Assessed land
$157,300
Assessed improvement
$283,970
Land market value
$593,800
Improvement market value
$1,017,800
Total market value
$1,611,600
Applied tax rate
188.0000
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
1896
Construction
WOOD
Heating
FORCED AIR
Stories
1
Units
9
Rooms
24
Bathrooms
9
Total area
9,188 SF
Lot
0.14 ac (6,250 SF)
Zoning code
G-MS-5
APN
05021-05-015-000
UPID
US13-0109468
Jurisdiction
DENVER
Zoning & alternative use
G-MS-5 · Denver, CO
Zoning G-MS-5 · permitted uses
G-MS-5 · 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.
Building & site characteristics
From public records
Year built
1896
Construction
WOOD
Heating
FORCED AIR
Stories
1
Units
9
Rooms
24
Bathrooms
9
Lot
0.14 ac
Current owner
From public records · entity-resolved
Suites Iq LLC
Entity
Mailing address
1337 DELAWARE ST, DENVER, CO 80204-2704
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2020
—
Suites Iq LLC
—
Deed
related
$1,225,000 · Independent Bk
Mar 24, 2017
$1,650,000
Suites Iq LLC
Crystal Sharp
Special Warranty Deed
$1,215,000 · Northstar Bank
May 25, 2007
—
Mary M Crowe
Hartmann,mary M
Quit Claim Deed
related
—
May 25, 2007
$770,655
Crystal Sharp
Noah Hayden LLC
Grant Deed
$558,000 · American National Bank & Trust
Mar 31, 2004
—
Noah Hayden LLC
Crowe,mary M & Charles L
Quit Claim Deed
related
—
Sep 23, 1999
—
Mark M Corwe
Hartmann,mary M
Grant Deed
$400,000 · Bank Of Cherry Creek
—
—
Crystal Sharp
—
Deed Of Trust
related
$35,000 · American National Bank & Trust
—
—
Crystal Sharp
—
Deed Of Trust
related
$555,400 · Anb Bank
—
—
Suites Iq LLC
—
Loan Modification
related
$1,225,000 · Independent Bk
—
—
Chalet Holiday
—
Loan Modification
related
$225,000 · City & County Denver
—
—
Chalet Holiday
—
Deed Of Trust
related
—
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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