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Property profile & analytics
OFF-MARKET
Garden apartment buildings
2560 Downing St Denver, CO 80210-5818
Individually Owned
~
Est. High Equity
Property ID
US13-0259263
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1953
Construction
WOOD
Total area
1,407 SF
Lot
0.22 ac (9,375 SF)
Zoning code
E-TU-C
APN
05265-18-017-000
UPID
US13-0259263
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
William H Mahaffey
William H Mahaffey
since 2025
Last sale
$867,450
7 recorded transactions
Zoning & alternative use
E-TU-C · 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
—
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
$3,104
Tax year 2023
Assessed value
$40,060
Assessed 2023
Previous assessed
$38,080
+5.2% YoY
Effective rate
7.75%
On assessed value
Assessed land
$38,790
Assessed improvement
$1,270
Land market value
$633,900
Improvement market value
$18,900
Total market value
$652,800
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1953
Construction
WOOD
Heating
FORCED AIR
Stories
2
Units
2
Rooms
9
Bathrooms
1
Total area
1,407 SF
Lot
0.22 ac (9,375 SF)
Zoning code
E-TU-C
APN
05265-18-017-000
UPID
US13-0259263
Jurisdiction
DENVER
Zoning & alternative use
E-TU-C · Denver, CO
Zoning E-TU-C · permitted uses
E-TU-C · 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
1953
Construction
WOOD
Heating
FORCED AIR
Stories
2
Units
2
Rooms
9
Bathrooms
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
William H Mahaffey
Individual
Mailing address
3186 S PIERCE ST, LAKEWOOD, CO 80227-5218
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2025
$867,450
William H Mahaffey
Doug Agne
Special Warranty Deed
—
Feb 12, 2013
$250,000
Doug Agne
Turner,valli O
Warranty Deed
$187,500 · Pinnacle Mortgage
—
—
Valli O Turner
—
Deed Of Trust
related
$75,300 · Household Finance Corp III
—
—
Christine K Hill
—
Deed Of Trust
related
$297,800 · Loandepot.com LLC
—
—
Valli O Turner
—
Deed Of Trust
related
$189,400 · M & T Mortgage Corp
—
—
Valli O Turner
—
Deed Of Trust
related
$30,000 · Wells Fargo Bank
—
—
Valli O Turner
—
Deed Of Trust
related
$311,250 · Household Financial Svcs INC
—
—
Valli O Turner
—
Deed Of Trust
related
$20,000 · Wells Fargo Bank West NA
—
—
Valli O Turner
—
Deed Of Trust
related
$257,600 · Decision One Mortgage Co
—
—
Valli O Turner
—
Deed Of Trust
related
$186,663 · Wells Fargo Home Mortgage INC
—
—
Valli O Turner
—
Deed Of Trust
related
$38,000 · E Trade 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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