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Property profile & analytics
OFF-MARKET
Estimated value
$9,580,000
High-rise multifamily apartments
1881 Buchtel Blvd Denver, CO 80210-3347
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US13-1297313
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
2013
Construction
STEEL FRAME
Total area
53,071 SF
Lot
0.54 ac (23,625 SF)
Zoning code
R-MU-30
APN
05234-00-042-000
UPID
US13-1297313
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
-
University Station Apartments for Seniors Apartment Building Apartment Complex
-
RTD University Station Museum
-
Small Business Chamber of Commerce, Inc Business Service Center Advocacy Group
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$12.40M
Comparable Approach
Comparable
$6.49M
Blend (final)
Blend
$9.58M
Owner & transaction history
University Stn Apartments LLC · 13 yrs held
University Stn Apartments LLC
since 2013
2 recorded transactions
Zoning & alternative use
R-MU-30 · 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%
$13,430,000
6.5%
$12,395,000
7%
$11,510,000
Blend value · Realmo final
$9.58M
Range $8.62M – $10.54M · ±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
$181 / 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
$1,453,560
Assessed 2023
Previous assessed
$1,126,080
+29.1% YoY
Assessed land
$170,430
Assessed improvement
$1,283,130
Land market value
$2,598,800
Improvement market value
$19,151,200
Total market value
$21,750,000
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
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
2013
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
6
Units
60
Rooms
22
Bathrooms
1
Total area
53,071 SF
Lot
0.54 ac (23,625 SF)
Zoning code
R-MU-30
APN
05234-00-042-000
UPID
US13-1297313
Jurisdiction
DENVER
Zoning & alternative use
R-MU-30 · Denver, CO
Zoning R-MU-30 · permitted uses
R-MU-30 · 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
2013
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
6
Units
60
Rooms
22
Bathrooms
1
Lot
0.54 ac
Current owner
From public records · entity-resolved
University Stn Apartments LLC
Entity
Mailing address
5291 E YALE AVE, DENVER, CO 80222-6911
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 27, 2013
—
University Stn Apartments LLC
University Station LLC
Quit Claim Deed
$10,622,500 · Key Bank & Trust
May 11, 2010
$500,000
University Station LLC
Regional Transportation Distri
Quit Claim Deed
related
$450,000 · Huggins Charitable Rem Tr (ct)
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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