Back to Search
Property profile & analytics
OFF-MARKET
Apartment buildings
324 Inverness S Dr Englewood, CO 80112-6158
Entity Owned
4-yr Hold
Free & Clear
Property ID
US13-1304086
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2018
Construction
FRAME
Total area
27,266 SF
Lot
9.39 ac (408,811 SF)
APN
R0454992
UPID
US13-1304086
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
-
The Palmer Apartments Real Estate Agency
-
Home & Print Co Home Decor Store Department Store
-
Cherry hills country club Auto Parts Store
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
Bel Palmer LLC · 4 yrs held
Bel Palmer LLC
since 2021
Last sale
$102.0M
7 recorded transactions
Zoning & alternative use
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 Englewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Englewood 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
$555,416
Tax year 2023
Assessed value
$6,584,760
Assessed 2023
Previous assessed
$5,140,800
+28.1% YoY
Effective rate
8.43%
On assessed value
Assessed land
$191,730
Assessed improvement
$6,393,030
Land market value
$2,861,674
Improvement market value
$95,418,326
Total market value
$98,280,000
Applied tax rate
3,691.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
2018
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
9
Stories
3
Bathrooms
336
Total area
27,266 SF
Lot
9.39 ac (408,811 SF)
APN
R0454992
UPID
US13-1304086
Jurisdiction
DOUGLAS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2018
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
3
Buildings
9
Bathrooms
336
Lot
9.39 ac
Current owner
From public records · entity-resolved
Bel Palmer LLC
Entity
Free & Clear · 4 yrs held
Mailing address
2 INTERNATIONAL PL, BOSTON, MA 02110-4142
Ownership since
2021
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
Sep 2, 2021
$102,000,000
Bel Palmer LLC
Cp V Inverness LLC
Special Warranty Deed
—
Dec 20, 2019
—
Cp V Inverness LLC
—
Grant Deed
related
$53,000,000 · Berkadia Com'l Mtg
Dec 8, 2017
—
Cp V Inverness LLC
—
Grant Deed
related
$37,000,000 · Citizens Bk
Sep 1, 2017
$6,750,000
Cp V Inverness LLC
Ari Inverness LLC
Grant Deed
—
Oct 12, 2016
—
Ari Inverness LLC
—
Trustees Deed
related
$1,621,000 · California United Bk
Feb 5, 2013
—
United Properties Inv LLC
Ari Inverness LLC
Grant Deed
related
—
Feb 22, 2007
$2,670,000
Ari Inverness LLC
Ihs Property Management INC
Special Warranty Deed
$1,755,000 · Wells Fargo Bank NA
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 324 Inverness S Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
