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Property profile & analytics
OFF-MARKET
Estimated value
$117,785,000
High-rise multifamily apartments
355 Logan St Denver, CO 80203-4294
Entity Owned
4-yr Hold
Property ID
US13-2819020
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
2018
Construction
CONCRETE
Total area
258,926 SF
Lot
1.01 ac (44,039 SF)
Zoning code
C-MX-8
APN
05101-11-111-000
UPID
US13-2819020
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
-
Bromwell Apartment Complex
-
Jed's Window Washing General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$108.87M
Blend (final)
Blend
$117.79M
Owner & transaction history
Bromwell Owner LLC · 4 yrs held
Bromwell Owner LLC
since 2022
Last sale
$123.5M
7 recorded transactions
Zoning & alternative use
C-MX-8 · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$105.9M
+22.0%
Auto repair, garage
$103.7M
+19.5%
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
Method
Estimation
Statistic approach
$115,270,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$86,820,000
Current use
RESTAURANT
$105,895,000
Change: +22% · Conversion: Difficult
AUTO REPAIR, GARAGE
$103,710,000
Change: +19% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$84,035,000
Change: -3% · Conversion: Difficult
COMMERCIAL (GENERAL)
$83,805,000
Change: -3% · Conversion: Moderate
RETAIL STORES
$83,270,000
Change: -4% · Conversion: Difficult
MEDICAL BUILDING
$78,625,000
Change: -9% · Conversion: Moderate
Blend value · Realmo final
$117.79M
Range $106.01M – $129.56M · ±10% · vs last sale $123.50M (Jan 13 2022)
Last sale anchor
$123.50M
Jan 13 2022
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
$455 / 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
$656,833
Tax year 2023
Assessed value
$8,476,790
Assessed 2023
Previous assessed
$5,232,600
+62.0% YoY
Effective rate
7.75%
On assessed value
Assessed land
$350,390
Assessed improvement
$8,126,400
Land market value
$5,284,700
Improvement market value
$121,289,500
Total market value
$126,574,200
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
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
2018
Construction
CONCRETE
Heating
FORCED AIR
Cooling
CENTRAL
Stories
6
Units
171
Rooms
596
Total area
258,926 SF
Lot
1.01 ac (44,039 SF)
Zoning code
C-MX-8
APN
05101-11-111-000
UPID
US13-2819020
Jurisdiction
DENVER
Zoning & alternative use
C-MX-8 · Denver, CO
Zoning C-MX-8 · permitted uses
C-MX-8 · 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.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$86.8M
RESTAURANT
Est. value
$105.9M
AUTO REPAIR, GARAGE
Est. value
$103.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$84.0M
COMMERCIAL (GENERAL)
Est. value
$83.8M
RETAIL STORES
Est. value
$83.3M
MEDICAL BUILDING
Est. value
$78.6M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
RETAIL STORES
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2018
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
6
Units
171
Rooms
596
Lot
1.01 ac
Current owner
From public records · entity-resolved
Bromwell Owner LLC
Entity
Mailing address
1111 MAIN ST STE #700, VANCOUVER, WA 98660-2970
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2022
$123,500,000
Bromwell Owner LLC
Nash Holland 355 Logan Investors Ll
Special Warranty Deed
$76,500,000 · Pacific Life Insurance Co
Jul 3, 2018
$10,500,000
Nash-holland 355 Logan Invtrs
325 Logan St LLC
Grant Deed
—
Jun 25, 2018
—
Nash Holland 355 Logan Invtrs
—
Grant Deed
related
$72,000,000 · Nash Financing
Jun 25, 2018
$10,500,000
Nash-holland 355 Logan Invtrs
325 Logan St LLC
Grant Deed
related
—
Jun 21, 2012
$5,385,000
325 Logan St LLC
Mh-mscc LLC
Grant Deed
—
Feb 23, 2009
—
Mh-mscc LLC
Mh Dp Logan LLC
Quit Claim Deed
related
$2,460,000 · Summit Bank & Trust
Dec 27, 2006
$3,450,000
Mh-logan LLC
Ellwood Corp
Grant Deed
—
Dec 27, 2006
$3,622,500
Mh Dp Logan LLC
Mh-logan LLC
Grant 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.
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