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Property profile & analytics
OFF-MARKET
Estimated value
$4,800,000
High-rise multifamily apartments
2635 Federal Blvd Denver, CO 80211-4778
Entity Owned
15-yr Hold
Free & Clear
Property ID
US13-1197164
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
2011
Construction
WOOD
Total area
27,592 SF
Lot
0.49 ac (21,466 SF)
Zoning code
G-MU-3
APN
02293-30-042-000
UPID
US13-1197164
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
-
fieldslance Auto Repair Shop Motorcycle Shop
-
Hands of Art Marketing & Advertising Advertising Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.45M
Comparable Approach
Comparable
$3.15M
Blend (final)
Blend
$4.80M
Owner & transaction history
Veterans Apartments Lllp · 15 yrs held
Veterans Apartments Lllp
since 2010
2 recorded transactions
Zoning & alternative use
G-MU-3 · 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%
$6,980,000
6.5%
$6,445,000
7%
$5,985,000
Blend value · Realmo final
$4.80M
Range $4.32M – $5.28M · ±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
$174 / 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
Assessed value
$798,420
Assessed 2023
Previous assessed
$612,670
+30.3% YoY
Assessed land
$92,650
Assessed improvement
$705,770
Land market value
$1,437,900
Improvement market value
$10,533,900
Total market value
$11,971,800
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
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
2011
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
4
Units
27
Rooms
93
Bathrooms
1
Total area
27,592 SF
Lot
0.49 ac (21,466 SF)
Zoning code
G-MU-3
APN
02293-30-042-000
UPID
US13-1197164
Jurisdiction
DENVER
Zoning & alternative use
G-MU-3 · Denver, CO
Zoning G-MU-3 · permitted uses
G-MU-3 · 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
2011
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
4
Units
27
Rooms
93
Bathrooms
1
Lot
0.49 ac
Current owner
From public records · entity-resolved
Veterans Apartments Lllp
Entity
Free & Clear · 15 yrs held
Mailing address
3275 W 14TH AVE STE #202, DENVER, CO 80204-2232
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2010
—
Veterans Apartments Lllp
Del Norte Nbrhd Dev Corp
Grant Deed
—
—
—
Veterans Apartments Lllp
—
Deed Of Trust
related
$1,367,242 · Colorado Housing & Finance Aut
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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