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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Residential income homes
3950 Manhattan Ave J Fort Collins, CO 80526-3268
Trust Owned
15-yr Hold
~
Est. High Equity
Property ID
US13-0768355
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1981
Construction
FRAME
Total area
3,482 SF
Lot
0.07 ac (3,049 SF)
APN
97351-16-009
UPID
US13-0768355
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
-
Southglen Apartments Apartment Building
-
Designs By Paolo Interior Design Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$715k
Comparable Approach
Comparable
$364k
Blend (final)
Blend
$575k
Owner & transaction history
Ingerson Of Zane Family Trust · 15 yrs held
Ingerson Of Zane Family Trust
since 2010
7 recorded transactions
Zoning & alternative use
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 Fort Collins submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Collins 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$775,000
6.5%
$715,000
7%
$665,000
Blend value · Realmo final
$575k
Range $518k – $633k · ±10%
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
$165 / 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
$3,879
Tax year 2023
Assessed value
$45,942
Assessed 2023
Previous assessed
$45,942
+0.0% YoY
Effective rate
8.44%
On assessed value
Assessed land
$13,400
Assessed improvement
$32,542
Land market value
$200,000
Improvement market value
$485,700
Total market value
$685,700
Applied tax rate
1,106.0000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1981
Construction
FRAME
Heating
ELECTRIC
Stories
2
Units
4
Bathrooms
4
Total area
3,482 SF
Lot
0.07 ac (3,049 SF)
APN
97351-16-009
UPID
US13-0768355
Jurisdiction
LARIMER
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1981
Construction
FRAME
Heating
ELECTRIC
Stories
2
Units
4
Bathrooms
4
Lot
0.07 ac
Current owner
From public records · entity-resolved
Ingerson Of Zane Family Trust
Trust
Mailing address
4010 S PEARL ST, LAS VEGAS, NV 89121-7208
Ownership since
2010
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
Sep 7, 2010
—
Ingerson Of Zane Family Trust
Zane,len & Jeri
Quit Claim Deed
related
—
May 21, 2009
$787,500
Len Zane
Mclean,john J
Grant Deed
—
May 21, 2009
—
Len Zane
Stratton,gary M & Marjorie E
Warranty Deed
related
—
Sep 22, 2005
$2,680,000
John J Mclean
Highland Properties 2505 LLC
Grant Deed
—
Apr 27, 2005
$2,680,000
Highland Properties 2505 LLC
Obstfeld,malcolm B
Warranty Deed
$1,250,000 · World Savings
Apr 27, 2005
—
Malcolm B Obstfeld
Southglen Apartments Ltd Liabi
Warranty Deed
related
—
—
—
Ingerson Of Zane Family Trust
—
Deed Of Trust
related
$247,000 · Citibank NA
—
—
Ingerson,of Zane Family Trust
—
Deed Of Trust
related
$247,000 · Citibank NA
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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