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Property profile & analytics
OFF-MARKET
Apartment buildings
206 Pne St Sterling, CO 80751-3248
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US13-1088387
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1915
Construction
WOOD
Total area
3,336 SF
Lot
0.2 ac (8,625 SF)
APN
6343000
UPID
US13-1088387
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Shipmates Arvada LLC · 4 yrs held
Shipmates Arvada LLC
since 2022
Last sale
$65,000
7 recorded transactions
Zoning & alternative use
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 Sterling submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sterling 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
—
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
$953
Tax year 2023
Assessed value
$18,290
Assessed 2023
Previous assessed
$228,370
-92.0% YoY
Effective rate
5.21%
On assessed value
Land market value
$37,724
Improvement market value
$235,280
Total market value
$273,004
Applied tax rate
117.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1915
Construction
WOOD
Heating
HOT WATER
Stories
1
Total area
3,336 SF
Lot
0.2 ac (8,625 SF)
APN
6343000
UPID
US13-1088387
Jurisdiction
LOGAN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1915
Construction
WOOD
Heating
HOT WATER
Stories
1
Lot
0.2 ac
Current owner
From public records · entity-resolved
Shipmates Arvada LLC
Entity
Mailing address
1900 FEDERAL BLVD, DENVER, CO 80204-1727
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2022
—
Shipmates Arvada LLC
Sterling Studios LLC
Quit Claim Deed
related
$375,000 · Citywide Banks
Nov 17, 2021
—
Sterling Studios LLC
Precison Investments LLC
Quit Claim Deed
related
$129,000 · Deleson LLC
Nov 16, 2021
—
Sterling Studios LLC
Precison Invsmetns LLC
Quit Claim Deed
related
$65,000 · Daleson LLC
Jul 2, 2021
$65,000
Precision Investments LLC
Northeast Ag Investments LLC
Special Warranty Deed
$565,000 · Daleson LLC
May 22, 2018
$50,000
Northeast Ag Investments LLC
Flores Apartments LLC
Warranty Deed
$185,000 · Points West Community Bank
May 28, 2013
—
Flores Apartments LLC
Flores,rafael R
Quit Claim Deed
related
—
Jul 27, 2011
$10,700
Rafael Flores
Hsbc Bk USA NA Se 2005-2
Grant Deed
—
Oct 19, 2010
—
Michael J Stone
Pbulic Trustee Of Logan County
Trustees Deed
related
—
May 25, 2005
$75,000
Michael J Stone
John,keven & Melissa
Grant Deed
$56,250 · Delta Funding
—
—
Northeast Ag Investments LLC
—
Loan Modification
related
$45,843 · Points W Cmnty Bk
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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