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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Residential income homes
2020 Arapahoe Ave, Boulder, CO 80302-6513
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US13-0187335
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Year built
1900
Construction
CONCRETE BLOCKS
Total area
6,682 SF
Lot
0.78 ac (33,846 SF)
Zoning code
2115
APN
1463-31-1-00-008
UPID
US13-0187335
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
-
Basecamp Boulder Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$430k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$642k
Blend (final)
Blend
$535k
Owner & transaction history
Boulder Hotel Group LLC · 11 yrs held
Boulder Hotel Group LLC
since 2014
7 recorded transactions
Zoning & alternative use
2115 · Boulder, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$850,000
+214.6%
Auto repair, garage
$810,000
+199.6%
Retail stores
$795,000
+194.0%
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 Boulder submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Boulder 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
$430,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$850,000
Change: +215% · Conversion: Moderate
AUTO REPAIR, GARAGE
$810,000
Change: +200% · Conversion: Difficult
RETAIL STORES
$795,000
Change: +194% · Conversion: Difficult
MEDICAL BUILDING
$755,000
Change: +180% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$645,000
Change: +139% · Conversion: Difficult
Blend value · Realmo final
$535k
Range $482k – $589k · ±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
$80 / 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
$191,310
Tax year 2023
Assessed value
$2,223,658
Assessed 2023
Previous assessed
$1,595,001
+39.4% YoY
Effective rate
8.60%
On assessed value
Assessed land
$570,416
Assessed improvement
$1,653,242
Land market value
$2,044,500
Improvement market value
$5,925,600
Total market value
$7,970,100
Applied tax rate
10.0000
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
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Status
Off-Market
Year built
1900
Construction
CONCRETE BLOCKS
Heating
ELECTRIC
Buildings
2
Stories
2
Rooms
50
Total area
6,682 SF
Lot
0.78 ac (33,846 SF)
Zoning code
2115
APN
1463-31-1-00-008
UPID
US13-0187335
Jurisdiction
BOULDER
Zoning & alternative use
2115 · Boulder, CO
Zoning 2115 · permitted uses
2115 · Boulder, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Boulder. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$850,000
AUTO REPAIR, GARAGE
Est. value
$810,000
RETAIL STORES
Est. value
$795,000
MEDICAL BUILDING
Est. value
$755,000
INDUSTRIAL (GENERAL)
Est. value
$645,000
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
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
1900
Construction
CONCRETE BLOCKS
Heating
ELECTRIC
Stories
2
Buildings
2
Rooms
50
Lot
0.78 ac
Current owner
From public records · entity-resolved
Boulder Hotel Group LLC
Entity
Mailing address
2020 ARAPAHOE AVE, BOULDER, CO 80302-6513
Ownership since
2014
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 24, 2019
—
Boulder Hotel Group LLC
—
Deed
related
$2,425,000 · Amalgamated Bk
Jun 26, 2017
—
Boulder Hotel Group LLC
—
Deed
related
$5,925,000 · New Resource Bank
Sep 4, 2014
—
Boulder Hotel Group LLC
Samantha Venture I LLC
Special Warranty Deed
$6,000,000 · Pacific Western National Bank
May 24, 2013
—
Samantha Venture I LLC
Samantha Venture II LLC
Quit Claim Deed
related
—
Dec 28, 2004
—
Samantha Venture I LLC
Samantha Investments LLC
Quit Claim Deed
related
—
—
—
Boulder Hotel Group LLC
—
Deed Of Trust
related
$2,425,000 · Amalgamated Bk
—
—
Samantha Venture I LLC
—
Deed Of Trust
related
$3,400,000 · First Midwest Bank
—
—
Samantha Venture I LLC
—
Deed Of Trust
related
$3,600,000 · Bank Of The West
—
—
Samantha Investments LLC
—
Deed Of Trust
related
$2,590,000 · First Midwest Bank
—
—
Samantha Venture I LLC
—
Deed Of Trust
related
$2,480,078 · First Midwest Bank
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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