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Property profile & analytics
OFF-MARKET Estimated value $3,710,000
Assisted living facilities

372 Inverness S Dr Englewood, CO 80112-5899

47,751 SF 5.86 ac lot Built 2021
Entity Owned 4-yr Hold Free & Clear
Property ID
US13-1168982
Property summary
AI-generated overview

This exceptional Class A medical office building presents a compelling investment opportunity. Located at 372 Inverness Dr S, Englewood, CO 80112, this 49,106 square foot, three-story facility is a fully occupied, 40-bed inpatient rehabilitation hospital. Built in 2022, the property boasts a 22.3-year remaining lease term (expiring February 28, 2047) with a corporate guarantee from Reunion Rehabilitation Hospital Inverness, LLC. The lease is an Absolute NNN structure, featuring a 2% year-over-year rent increase. Two five-year lease options are included, maintaining the 2% annual increase. The property sits on a 3-acre lot and offers ample parking (98 spaces per 1,000 sq ft). The building is zoned for Planned Development and features modern amenities including private rooms, therapy gyms, an outdoor courtyard, a café, and family meeting areas. This stabilized investment offers significant long-term value in a high-demand location within the affluent Inverness/Denver Tech Center area. The property is offered fee simple, free and clear of debt. The building's location provides access to a substantial population base, with 210,000 residents within a 5-mile radius and an average household income of $146,000.

Property profile
Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 2021
Total area 47,751 SF
Lot 5.86 ac (255,436 SF)
APN R0610281
UPID US13-1168982
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
  • Reunion Rehabilitation Hospital Inverness Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.71M
Owner & transaction history
UNION INVERNESS LLC · 6 yrs held
UNION INVERNESS LLC
since 2020
Last sale
$3.4M
1 recorded transaction
2020
$3.4M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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