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Property profile & analytics
OFF-MARKET
Estimated value
$18,815,000
Garden apartment buildings
2870 Geneva Ct Denver, CO 80238-3572
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US13-1150866
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
2011
Construction
WOOD
Total area
127,482 SF
Lot
3.12 ac (135,894 SF)
Zoning code
R-MU-20
APN
01274-37-001-000
UPID
US13-1150866
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
$12.71M
Blend (final)
Blend
$18.82M
Owner & transaction history
Metlife Real Estate Lending LLC · 4 yrs held
Metlife Real Estate Lending LLC
since 2022
7 recorded transactions
Zoning & alternative use
R-MU-20 · 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
$18.82M
Range $16.93M – $20.70M · ±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
$148 / 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
$380,494
Tax year 2023
Assessed value
$2,636,130
Assessed 2023
Previous assessed
$2,196,170
+20.0% YoY
Effective rate
14.43%
On assessed value
Assessed land
$222,200
Assessed improvement
$2,413,930
Land market value
$3,371,400
Improvement market value
$36,028,800
Total market value
$39,400,200
Applied tax rate
425.0000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
2011
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
6
Stories
3
Units
118
Rooms
40
Bathrooms
6
Total area
127,482 SF
Lot
3.12 ac (135,894 SF)
Zoning code
R-MU-20
APN
01274-37-001-000
UPID
US13-1150866
Jurisdiction
DENVER
Zoning & alternative use
R-MU-20 · Denver, CO
Zoning R-MU-20 · permitted uses
R-MU-20 · 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
3
Buildings
6
Units
118
Rooms
40
Bathrooms
6
Lot
3.12 ac
Current owner
From public records · entity-resolved
Metlife Real Estate Lending LLC
Entity
Mailing address
7400 E CRESTLINE CIR STE #250, GREENWOOD VILLAGE, CO 80111-3655
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 2, 2022
$22,500,000
Metlife Real Estate Lending LLC
Ffp Eastbridge LLC
Assignment Of Lease (leasehold Sale)
$22,500,000 · Metlife Real Estate Lending LLC
Nov 6, 2019
—
Ffp Eastbridge LLC
Ffp Eastbridge Tic LLC
Quit Claim Deed
—
Feb 14, 2019
—
Fc Eastbridge Tic LLC
Fcs Residential II LLC
Grant Deed
—
Sep 28, 2011
—
Fcs Residential II LLC
Ffp Stapleton Apartments LLC
Grant Deed
$11,387 · Cobiz Bank
—
—
Fcs Residential II LLC
—
Loan Modification
related
$12,459,438 · Swiss Re Life & Health America
—
—
Ffp Eastbridge Tic LLC
—
Loan Modification
related
$13,000,000 · Ffp Eastbridge LLC
—
—
Fcs Residential II LLC
—
Deed Of Trust
related
$13,000,000 · Swiss Re Life & Health America
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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