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Property profile & analytics
OFF-MARKET
Estimated value
$1,840,000
Residential income homes
3626 Colorado Ave Colorado Springs, CO 80904-1914
Entity Owned
5-yr Hold
Property ID
US13-2786086
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1930
Construction
WOOD FRAME
Total area
1,680 SF
Lot
0.3 ac (13,000 SF)
Zoning code
C5 HS
APN
7403323007
UPID
US13-2786086
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
-
High Country Lodge Hotel & Motel Bed & Breakfast
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.84M
Owner & transaction history
Carrington Partpers LLC · 5 yrs held
Carrington Partpers LLC
since 2020
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
C5 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
$1,995,000
ML approach
$2,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.84M
Range $1.66M – $2.02M · ±10% · vs last sale $1.68M (Sep 2 2020)
Last sale anchor
$1.68M
Sep 2 2020
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
$1,095 / 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
$3,832
Tax year 2023
Assessed value
$72,600
Assessed 2023
Previous assessed
$72,600
+0.0% YoY
Effective rate
5.28%
On assessed value
Assessed land
$4,880
Assessed improvement
$67,720
Land market value
$72,800
Improvement market value
$1,006,511
Total market value
$1,079,311
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1930
Construction
WOOD FRAME
Heating
FORCED AIR
Buildings
9
Stories
1
Units
2
Total area
1,680 SF
Lot
0.3 ac (13,000 SF)
Zoning code
C5 HS
APN
7403323007
UPID
US13-2786086
Jurisdiction
EL PASO
Zoning & alternative use
C5 HS · Colorado Springs, CO
Zoning C5 HS · permitted uses
C5 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
1930
Construction
WOOD FRAME
Heating
FORCED AIR
Stories
1
Buildings
9
Units
2
Lot
0.3 ac
Current owner
From public records · entity-resolved
Carrington Partpers LLC
Entity
Mailing address
PO BOX 12031, DENVER, CO 80212-0031
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 2, 2020
$1,680,000
Carrington Partpers LLC
Ctb Properties LLC
Grant Deed
$1,260,000 · Waypoint Bk
Jun 1, 2016
—
Ctb Properties LLC
Christian,christopher A
Quit Claim Deed
related
—
Aug 1, 2014
$245,000
Christopher A Christian
Cs High Country Lodge LLC
Grant Deed
$245,000 · Integrity Bank & Trust
Mar 19, 2010
$225,000
Cs High Country Lodge LLC
Colorado Mountain Bk
Grant Deed
$85,000 · Ronald Bollenberghe
Feb 3, 2010
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Dec 15, 2006
$400,000
Healthquarters Ministries
Frisbie Investments Props LLC
Warranty Deed
$365,000 · Colorado Mountain Bank
Dec 20, 2004
$450,000
Frisbie Investments Props LLC
Cullinan,sharon F
Warranty Deed
$340,000 · Colorado Mountain Bank
Jun 2, 2004
$315,000
Sharon F Cullinan
Nurmi,satu & Jouni
Grant Deed
$344,000 · Allen Brown
Aug 31, 1998
$434,200
Satu Nurmi
Hupli,hannu J & Saimi
Grant Deed
$434,249 · Seller
—
—
Healthquarters Ministries
—
Deed Of Trust
related
$365,000 · Colorado Mountain Bank
—
—
Sharon F Cullinan
—
Deed Of Trust
related
$337,713 · Colorado Mountain Bank
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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