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Property profile & analytics
OFF-MARKET
Estimated value
$2,475,000
Residential income homes
1985 Josephine St Denver, CO 80210-4207
Individually Owned
4-yr Hold
Property ID
US13-0235412
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Year built
2016
Construction
WOOD
Total area
15,833 SF
Lot
0.19 ac (8,360 SF)
Zoning code
G-MU-5
APN
05252-07-012-000
UPID
US13-0235412
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
-
Alpha Phi Volunteer Organization Community Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.48M
Owner & transaction history
Alpha Phi International Fraternity · 4 yrs held
Alpha Phi International Fraternity
since 2022
7 recorded transactions
Zoning & alternative use
G-MU-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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$156 / 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
$161,000
Assessed 2023
Previous assessed
$141,040
+14.2% YoY
Assessed land
$48,190
Assessed improvement
$112,810
Land market value
$774,200
Improvement market value
$1,683,800
Total market value
$2,458,000
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
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Status
Off-Market
Year built
2016
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
3
Units
10
Rooms
39
Bathrooms
1
Total area
15,833 SF
Lot
0.19 ac (8,360 SF)
Zoning code
G-MU-5
APN
05252-07-012-000
UPID
US13-0235412
Jurisdiction
DENVER
Zoning & alternative use
G-MU-5 · Denver, CO
Zoning G-MU-5 · permitted uses
G-MU-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
2016
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
3
Units
10
Rooms
39
Bathrooms
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
Alpha Phi International Fraternity
Individual
Mailing address
3320 W FOSTER AVE #105, CHICAGO, IL 60625-4813
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 22, 2022
—
Alpha Phi International Fraternity
Iota Xi House Corp Of Alpha Phi Int
Warranty Deed
—
Jul 6, 2016
—
Iota Xi Hse Corp Of Alpha Phi Int
—
Deed
related
$1,885,032 · Private Individual
Jan 11, 2016
—
Iota Xi Hse Corp Of Alpha Phi Int
—
Trustees Deed
related
$2,754,513 · Jp Morgan Chase Bk
Oct 31, 2012
$472,000
Iota Xi Hse Corp Of Alphi Phi Int
Purdy & Sonz LLC
Warranty Deed
—
Jul 29, 2003
—
Purdy & Sonz LLC
Purdy,carol
Quit Claim Deed
related
—
Dec 13, 2000
$265,000
Carol Purdy
Wayne A Alford Estate
Grant Deed
$238,500 · Fleet National Bank
—
—
Carol Purdy
—
Deed Of Trust
related
$242,000 · Liberty Mortgage Corp
—
—
Iota Xi Hse Corp Of Alpha Phi Int
—
Deed Of Trust
related
$1,885,032 · Private Individual
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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