Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$13,500,000
Hotels
3699 Monaco Pkwy Denver, CO 80237-1230
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US13-1204909
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1999
Construction
WOOD
Total area
61,018 SF
Lot
2.72 ac (118,597 SF)
Zoning code
B-3
APN
07052-00-043-000
UPID
US13-1204909
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
$13.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.44M
Blend (final)
Blend
$13.50M
Owner & transaction history
Bre Avalanche Prop Owner LLC · 11 yrs held
Bre Avalanche Prop Owner LLC
since 2015
Last sale
$13.5M
6 recorded transactions
Zoning & alternative use
B-3 · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$19.8M
+34.4%
Commercial (general)
$19.8M
+34.0%
Retail stores
$19.6M
+33.2%
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
$13,500,000
ML approach
$13,500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$14,735,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$19,805,000
Change: +34% · Conversion: Difficult
COMMERCIAL (GENERAL)
$19,750,000
Change: +34% · Conversion: Difficult
RETAIL STORES
$19,625,000
Change: +33% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$18,970,000
Change: +29% · Conversion: Difficult
MEDICAL BUILDING
$18,530,000
Change: +26% · Conversion: Difficult
Blend value · Realmo final
$13.50M
Range $12.15M – $14.85M · ±10% · vs last sale $13.50M (Oct 24 2024)
Last sale anchor
$13.50M
Oct 24 2024
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
$221 / 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
$128,769
Tax year 2023
Assessed value
$1,661,840
Assessed 2023
Previous assessed
$2,317,390
-28.3% YoY
Effective rate
7.75%
On assessed value
Assessed land
$714,580
Assessed improvement
$947,260
Land market value
$2,964,900
Improvement market value
$3,865,100
Total market value
$6,830,000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1999
Construction
WOOD
Heating
HOT WATER
Cooling
WINDOW A/C
Buildings
2
Stories
1
Units
112
Bathrooms
2
Total area
61,018 SF
Lot
2.72 ac (118,597 SF)
Zoning code
B-3
APN
07052-00-043-000
UPID
US13-1204909
Jurisdiction
DENVER
Zoning & alternative use
B-3 · Denver, CO
Zoning B-3 · permitted uses
B-3 · 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
HOTEL/MOTEL Current
Est. value
$14.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$19.8M
COMMERCIAL (GENERAL)
Est. value
$19.8M
RETAIL STORES
Est. value
$19.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$19.0M
MEDICAL BUILDING
Est. value
$18.5M
HOTEL/MOTEL Current
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1999
Construction
WOOD
Heating
HOT WATER
Cooling
Yes
Stories
1
Buildings
2
Units
112
Bathrooms
2
Lot
2.72 ac
Current owner
From public records · entity-resolved
Bre Avalanche Prop Owner LLC
Entity
Mailing address
40 W 57TH ST FL, NEW YORK, NY 10019-4001
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 13, 2017
—
Bre Avalanche Prop Owner LLC
—
Grant Deed
related
$1,393,500,000 · Jp Morgan Chase Bk
Jan 23, 2015
$13,082,000
Bre Avalanche Prop Owner LLC
Tps Seast LLC
Grant Deed
—
Jul 20, 2012
$6,400,000
Tps Seast LLC
Jer Es Seast LLC
Special Warranty Deed
$42,250,000 · Citibank NA
May 9, 2007
—
Jer Es Seast LLC
—
Deed Of Trust
related
$59,000,000 · Bank Of America NA Bank Of America NA
Dec 22, 2005
$5,500,000
Jer Es Seast LLC
Denver Monaco Es Hotel LLC
Special Warranty Deed
$46,655,000 · Bank Of America NA
Jun 24, 1998
$260,000
Denver Monaco Es Hotel LLC
Contalp South 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.
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 3699 Monaco Pkwy?
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.
