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Property profile & analytics
OFF-MARKET
Estimated value
$24,500,000
Hotels
2450 University Blvd Denver, CO 80210-5480
Entity Owned
9-yr Hold
Absentee Owner
Property ID
US13-1948965
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2015
Construction
CONCRETE
Total area
244,326 SF
Lot
1.72 ac (75,000 SF)
Zoning code
G-RX-5
APN
05253-08-028-000
UPID
US13-1948965
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
-
24 Fifty at University Park Apartments Security Service Construction Company
-
Perspire Sauna Studio Gym & Fitness Center Spa & Massage Center
-
48-Hour Auto Hail Repair Auto Repair Shop
-
Searchorb Marketing Marketing & Advertising
-
Hilton Lock & Key Locksmith
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$28.93M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$24.50M
Owner & transaction history
University Devs LLC · 9 yrs held
University Devs LLC
since 2017
5 recorded transactions
Zoning & alternative use
G-RX-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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$31,335,000
6.5%
$28,925,000
7%
$26,860,000
Blend value · Realmo final
$24.50M
Range $22.05M – $26.95M · ±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
$100 / 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
$876,522
Tax year 2023
Assessed value
$11,312,010
Assessed 2023
Effective rate
7.75%
On assessed value
Assessed land
$749,300
Assessed improvement
$10,562,710
Land market value
$7,875,000
Improvement market value
$109,062,900
Total market value
$116,937,900
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2015
Construction
CONCRETE
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Units
252
Total area
244,326 SF
Lot
1.72 ac (75,000 SF)
Zoning code
G-RX-5
APN
05253-08-028-000
UPID
US13-1948965
Jurisdiction
DENVER
Zoning & alternative use
G-RX-5 · Denver, CO
Zoning G-RX-5 · permitted uses
G-RX-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
2015
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
252
Lot
1.72 ac
Current owner
From public records · entity-resolved
University Devs LLC
Entity
Mailing address
301 HOWARD ST STE #2100, SAN FRANCISCO, CA 94105-6616
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 6, 2026
—
Dwf Vi Atelier LLC
—
Deed
related
—
Oct 18, 2021
—
Dwf Vi Atelier LLC
—
Deed
related
$51,482,688 · Bsref Trs LLC
Feb 13, 2018
—
University Devs LLC
—
Grant Deed
related
$87,500,000 · Cmtg Lender 10 LLC
Jun 19, 2017
—
University Devs LLC
Public Svcs Co Of Co
Quit Claim Deed
related
—
Aug 28, 2015
—
University Devs LLC
—
Grant Deed
related
$66,000,000 · Deutsche Bk Ag/ny Branch
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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