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Property profile & analytics
OFF-MARKET
Assisted living facilities
3031 El Paso St, Colorado Springs, CO 80907-5412
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US13-2742983
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1942
Construction
WOOD FRAME
Total area
830 SF
Lot
0.22 ac (9,500 SF)
Zoning code
C5
APN
6332217043
UPID
US13-2742983
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
-
Colorado Senior Homes Construction Company General Contractor
-
Assisted Home Care Home Health Care Service
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
Trustcare LLC · 12 yrs held
Trustcare LLC
since 2013
7 recorded transactions
Zoning & alternative use
C5 · Colorado Springs, 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 Colorado Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Colorado Springs 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
Assessed value
$8,420
Assessed 2023
Previous assessed
$8,420
+0.0% YoY
Assessed land
$4,840
Assessed improvement
$3,580
Land market value
$72,200
Improvement market value
$53,414
Total market value
$125,614
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1942
Construction
WOOD FRAME
Heating
FLOOR/WALL FURNACE
Buildings
3
Stories
1
Rooms
6
Bathrooms
1
Total area
830 SF
Lot
0.22 ac (9,500 SF)
Zoning code
C5
APN
6332217043
UPID
US13-2742983
Jurisdiction
EL PASO
Zoning & alternative use
C5 · Colorado Springs, CO
Zoning C5 · permitted uses
C5 · Colorado Springs, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Colorado Springs. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1942
Construction
WOOD FRAME
Heating
FLOOR/WALL FURNACE
Stories
1
Buildings
3
Rooms
6
Bathrooms
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
Trustcare LLC
Entity
Mailing address
PO BOX 7067, COLORADO SPRINGS, CO 80933-7067
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2020
—
Trustcare LLC
—
Deed
related
$2,000,000 · Legacy Bk
Mar 13, 2017
—
Trustcare LLC
—
Deed
related
$50,000 · Pueblo Bk&tr
Nov 1, 2013
$1,810,000
Trustcare LLC
Larsen,richard L & Susan K
Grant Deed
$1,448,000 · Pueblo Bank & Trust Co
Oct 15, 2003
$163,000
Richard L Larsen
Front Range Commercial Propert
Grant Deed
$150,000 · Clarence S & Barbara L Turner
Apr 12, 2001
$150,000
Front Range Commercial Propert
Burton Trust
Grant Deed
—
—
—
Trustcare LLC Trustcare Operat
—
Deed Of Trust
related
$210,000 · Richard L & Susan K Larsen
—
—
Trustcare LLC
—
Deed Of Trust
related
$2,000,000 · Legacy Bk
—
—
Front Range Commerical Propert
—
Deed Of Trust
related
$150,000 · Clarence S & Barbara L
—
—
Trustcare LLC
—
Deed Of Trust
related
$50,000 · Pueblo Bk&tr
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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