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Property profile & analytics
OFF-MARKET
Estimated value
$19,755,000
Assisted living facilities
2020 Monroe St Denver, CO 80210-3700
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US13-0230974
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1987
Construction
CONCRETE
Total area
263,085 SF
Lot
4.32 ac (188,076 SF)
Zoning code
PUD
APN
05251-10-005-000
UPID
US13-0230974
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
-
Brookdale University Park Retirement Community
-
Peaks Home Health Home Health Care Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$15.00M
Blend (final)
Blend
$19.76M
Owner & transaction history
Bkd Clare Bridge Of Bend LLC · 10 yrs held
Bkd Clare Bridge Of Bend LLC
since 2016
7 recorded transactions
Zoning & alternative use
PUD · 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$19.76M
Range $17.78M – $21.73M · ±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
$75 / 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
$248,914
Tax year 2023
Assessed value
$3,212,370
Assessed 2023
Previous assessed
$2,390,060
+34.4% YoY
Effective rate
7.75%
On assessed value
Assessed land
$622,630
Assessed improvement
$2,589,740
Land market value
$9,348,000
Improvement market value
$38,652,800
Total market value
$48,000,800
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
1987
Construction
CONCRETE
Heating
HOT WATER
Cooling
CENTRAL
Stories
8
Units
232
Rooms
74
Bathrooms
1
Total area
263,085 SF
Lot
4.32 ac (188,076 SF)
Zoning code
PUD
APN
05251-10-005-000
UPID
US13-0230974
Jurisdiction
DENVER
Zoning & alternative use
PUD · Denver, CO
Zoning PUD · permitted uses
PUD · 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
1987
Construction
CONCRETE
Heating
HOT WATER
Cooling
Yes
Stories
8
Units
232
Rooms
74
Bathrooms
1
Lot
4.32 ac
Current owner
From public records · entity-resolved
Bkd Clare Bridge Of Bend LLC
Entity
Mailing address
6737 W WASHINGTON ST STE #2300, MILWAUKEE, WI 53214-5650
Ownership since
2016
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
Dec 30, 2025
—
Brookdale University Park Co LLC
—
Deed
related
$245,783,000 · Capital One NA
Dec 29, 2025
—
Brookdale University Park Co LLC
—
Deed
related
$245,783,000 · Capital One NA
Oct 14, 2022
—
Brookdale University Park Co LLC
—
Deed
related
$230,000,000 · Capital One Bank NA
Mar 31, 2016
—
Bkd Clare Bridge Of Bend LLC
Arc Heritage Club INC
Grant Deed
$100,030,000 · Cbre Multifamily Cap
Jul 15, 2014
$20,000,000
Arc Heritage Club INC
Nhp Heritage Club LLC
Grant Deed
—
Aug 13, 2003
—
Nhp Heritage Club LLC
Nationwide Health Prop
Grant Deed
$29,475,000 · Red Mortgage Capital INC
Jul 16, 2002
—
Nationwide Health Properties
Arc Heritage Club INC
Grant Deed
related
—
Mar 23, 2000
—
Heritage Arc
American Retirement Corp
Grant Deed
$23,250,000 · Gmac Commercial Mortgage Corp
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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