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    311 Rio Grande St, Unit 391 Colorado Springs, CO 80903-4044
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    Property profile & analytics

    311 Rio Grande St, Unit 391, Colorado Springs, CO 80903-4044

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    • High-rise multifamily apartments
    • 10,988 SF
    • 1.47 lot acres
    Off-Market
    Last Sale Sep 8, 2020
    $2,312,544
    Property ID
    US13-2264093
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $2,475,000
    Show details
    Cap Rate Potential
    4.9%
    High-rise multifamily apartments
    Location Intelligence

    Current Use by Public Records

    • Village at New South End / Apartment Complex

    Property Details for 311 Rio Grande St

    Year built
    2022
    Lot size
    1.47 lot acres
    Zone code
    PUD CU UV
    Property type
    High-rise multifamily apartments
    APN
    6419105152
    APU
    6419105152

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 8, 2020 $2,312,544 345 Rio Grande LLC Lowell Ventures LLC Grant Deed —
    Mar 12, 2020 — Lowell Ventures LLC — Deed Of Trust · related $200k · Randall Hinton Dev LLC
    Oct 19, 2018 — Lowell Ventures LLC — Deed Of Trust · related $504k · C Michael Hausman Rev Tr (ct)
    Nov 15, 2016 $600,000 Lowell Ventures LLC Michael E Winterfeld Warranty Deed —
    Oct 18, 2016 $250,000 Michael E Winterfeld Lowell Capital LLC Warranty Deed —
    Apr 25, 2016 $250,000 Michael E Winterfeld Lowell Capital LLC Warranty Deed —

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,745,000
      ML approach
      $2,785,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,225,000
      6.5%
      $2,050,000
      7%
      $1,905,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,656,000
      Market price range: $201k - $2.66M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.819
    Latitude
    38.8242
    CBSA code
    17820
    CBSA name
    COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $154,940
    $1,052,270
    $1,207,210
    -
    $2,312,544
    $15,705,456
    $18,018,000
    More about this property
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