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Property profile & analytics
OFF-MARKET
Estimated value
$3,390,000
Motels
3821 Hwy 160 Pagosa Springs, CO 81147-9846
Entity Owned
4-yr Hold
Property ID
US13-2178250
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1988
Total area
6,912 SF
Lot
14.84 ac (646,430 SF)
Zoning code
COMMERCIAL
APN
570105100018
UPID
US13-2178250
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 & Cabins Hotel & Motel
-
High Creek Lodge & Cabins Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.71M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.39M
Owner & transaction history
Elan High Country Lodge LLC · 4 yrs held
Elan High Country Lodge LLC
since 2022
Last sale
$3.4M
7 recorded transactions
Zoning & alternative use
COMMERCIAL · Pagosa 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 Pagosa Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pagosa 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
$3,150,000
ML approach
$3,710,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.39M
Range $3.05M – $3.73M · ±10% · vs last sale $3.35M (Jan 14 2022)
Last sale anchor
$3.35M
Jan 14 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
$490 / 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
$37,150
Tax year 2023
Assessed value
$664,190
Assessed 2023
Previous assessed
$664,190
+0.0% YoY
Effective rate
5.59%
On assessed value
Assessed land
$425,060
Assessed improvement
$239,130
Land market value
$1,696,521
Improvement market value
$1,126,949
Total market value
$2,823,470
Applied tax rate
50.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1988
Heating
RADIANT
Buildings
11
Stories
2
Bathrooms
1
Total area
6,912 SF
Lot
14.84 ac (646,430 SF)
Zoning code
COMMERCIAL
APN
570105100018
UPID
US13-2178250
Jurisdiction
ARCHULETA
Zoning & alternative use
COMMERCIAL · Pagosa Springs, CO
Zoning COMMERCIAL · permitted uses
COMMERCIAL · Pagosa Springs, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pagosa Springs. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Heating
RADIANT
Stories
2
Buildings
11
Bathrooms
1
Lot
14.84 ac
Current owner
From public records · entity-resolved
Elan High Country Lodge LLC
Entity
Mailing address
365 S GDN GRV LN STE #150, PLEASANT GROVE, UT 84062-3354
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
Nov 4, 2024
—
David Powdermaker
—
Deed
related
$102,000 · Ryan Beavers
Jan 14, 2022
$3,350,000
Elan High Country Lodge LLC
Lone Star Connection LLC
Warranty Deed
$3,570,000 · Tbk Bank Ssb
Nov 15, 2019
$400,000
Stone And Sky LLC
Tricia Whittington
Warranty Deed
—
Apr 16, 2018
—
Joyce E Holdread
—
Deed
related
$93,000 · Rio Grande Sla
Mar 9, 2018
—
Joyce E Holdread
—
Deed
related
$93,000 · Rio Grande Sla
Nov 14, 2016
—
Lone Star Connection LLC
Heart Of The Southwest LLC
Quit Claim Deed
$2,229,000 · First Bank
Nov 14, 2016
$2,300,000
Lone Star Connection LLC
Heart Of The Southwest LLC
Warranty Deed
—
Dec 27, 2012
—
Paul N Aldridge Trust
San Juan Ltd
Special Warranty 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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