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Property profile & analytics
OFF-MARKET
Estimated value
$1,395,000
Motels
3401 Pike Peak Ave Colorado Springs, CO 80904-1925
Entity Owned
3-yr Hold
Free & Clear
Property ID
US13-0355564
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1946
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,160 SF
Lot
0.24 ac (10,600 SF)
Zoning code
R5 HS
APN
7403321001
UPID
US13-0355564
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
-
Apache Court Motel Hotel & Motel Vacation Rental
-
Seven Falls Room Hotel & Motel
-
Sandstone Room at the Apache Hotel & Motel
-
Lovely Studio Located in Colorado Springs! Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.35M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.40M
Owner & transaction history
Apache Court 3401 LLC · 3 yrs held
Apache Court 3401 LLC
since 2023
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
R5 HS · 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
Method
Estimation
Statistic approach
$1,385,000
ML approach
$1,345,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.40M
Range $1.26M – $1.53M · ±10% · vs last sale $1.42M (Apr 4 2023)
Last sale anchor
$1.42M
Apr 4 2023
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
$646 / 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
$729
Tax year 2023
Assessed value
$16,980
Assessed 2023
Previous assessed
$16,980
+0.0% YoY
Effective rate
4.29%
On assessed value
Assessed land
$6,640
Assessed improvement
$10,340
Land market value
$99,110
Improvement market value
$154,355
Total market value
$253,465
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1946
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FLOOR/WALL FURNACE
Buildings
3
Stories
2
Units
6
Total area
2,160 SF
Lot
0.24 ac (10,600 SF)
Zoning code
R5 HS
APN
7403321001
UPID
US13-0355564
Jurisdiction
EL PASO
Zoning & alternative use
R5 HS · Colorado Springs, CO
Zoning R5 HS · permitted uses
R5 HS · 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
1946
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FLOOR/WALL FURNACE
Stories
2
Buildings
3
Units
6
Lot
0.24 ac
Current owner
From public records · entity-resolved
Apache Court 3401 LLC
Entity
Free & Clear · 3 yrs held
Mailing address
228 STRATMOOR DR, COLORADO SPRINGS, CO 80906-4737
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 4, 2023
$1,422,300
Apache Court 3401 LLC
H Sfr 0010 LLC
Special Warranty Deed
—
Feb 22, 2021
$1,700,000
H Sfr 0010 LLC
Cozy Homes LLC
Warranty Deed
$1,012,674 · Integrity Bank & Trust
Dec 26, 2018
—
Cozy Corners LLC
—
Deed
related
$438,451 · Integrity Bank & Trust
Mar 16, 2018
$575,000
Cozy Corners LLC
Bennett,jannette
Warranty Deed
—
Sep 12, 2017
—
Jannette Bennett
—
Deed
related
$178,500 · Suzanne Ballard
Aug 27, 2012
$222,000
Jannette Bennett
Haddock Mamie N
Grant Deed
$222,000 · Mamie N Haddock
Nov 10, 2011
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Apr 9, 2007
$125,444
Michael J Frederick
Deputy Public Te Of El Paso Cnty
Trustees Deed
—
Jan 16, 2007
$125,444
Mamie N Haddock
Deputy Public Te Of El Paso Cnty
Trustees Deed
—
May 16, 2006
$2,000
5282 LLC
Machese,laine
Quit Claim Deed
related
—
Apr 7, 2006
$2,000
5282 LLC
Gefreh,paul T
Grant Deed
—
May 28, 2004
$487,384
Apache Court INC
Deputy Public Te Of Elpaso Cnty
Trustees Deed
—
Jul 9, 2002
$600,000
Tina Machese
Apache Court INC
Grant Deed
$495,000 · Apache Court INC
Aug 10, 2001
$500,000
Apache Court INC
Haddock,mamie N
Grant Deed
$400,000 · Mamie N
Apr 20, 2000
$430,000
Mamie N Haddock
Piotrowski,halinda & Leonard
Grant Deed
—
—
—
Jannette Bennett
—
Deed Of Trust
related
$178,500 · Suzanne Ballard
—
—
Jannette Bennett
—
Deed Of Trust
related
$2,000 · Suzanne Ballard
—
—
Halina Piotrowski
—
Deed Of Trust
related
$235,000 · Individual
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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