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Property profile & analytics
FOR SALE
Garden apartment buildings
3430 S Akron St Denver, CO 80231
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US13-0702230
For Sale
1 / 2
$15,000,000
3430 S Akron St, Denver, CO 80231
View Listing →
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1969
Construction
WOOD
Total area
71,784 SF
Lot
3.16 ac (137,683 SF)
Zoning code
R-2-A
APN
06343-00-008-000
UPID
US13-0702230
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
by Request
Blend (final)
Blend
$8.85M
Owner & transaction history
Cwp Forest Cove LLC · 8 yrs held
Cwp Forest Cove LLC
since 2017
3 recorded transactions
Zoning & alternative use
R-2-A · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$123 / 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
$81,793
Tax year 2023
Assessed value
$1,055,580
Assessed 2023
Previous assessed
$746,230
+41.5% YoY
Effective rate
7.75%
On assessed value
Assessed land
$96,190
Assessed improvement
$959,390
Land market value
$1,490,700
Improvement market value
$14,319,300
Total market value
$15,810,000
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
For Sale
Year built
1969
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
11
Stories
2
Units
60
Rooms
24
Bathrooms
2
Total area
71,784 SF
Lot
3.16 ac (137,683 SF)
Zoning code
R-2-A
APN
06343-00-008-000
UPID
US13-0702230
Jurisdiction
DENVER
Zoning & alternative use
R-2-A · Denver, CO
Zoning R-2-A · permitted uses
R-2-A · 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
1969
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
11
Units
60
Rooms
24
Bathrooms
2
Lot
3.16 ac
Current owner
From public records · entity-resolved
Cwp Forest Cove LLC
Entity
Mailing address
130 30TH ST, MANHATTAN BEACH, CA 90266-2034
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2017
$15,000,000
Cwp Forest Cove LLC
Forem Family Ptshp Lllp
Grant Deed
$11,250,000 · Cbre Multifamily Cap
May 21, 2015
$12,300,000
Forem Family Partnership Lllp
A G Properties LLC
Special Warranty Deed
$5,748,000 · Wells Fargo Bank NA
May 21, 2015
—
A G Properties LLC|100 Cove Group LLC
100 Cove Group LLC
Quit Claim Deed
—
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?”
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