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Property profile & analytics
OFF-MARKET
Estimated value
$15,070,000
Hotels
4 Cascade Ave Colorado Springs, CO 80903-1653
Entity Owned
10-yr Hold
Property ID
US13-0110018
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1973
Construction
CONCRETE
Total area
214,530 SF
Lot
2.37 ac (103,237 SF)
Zoning code
FBZ-CEN
APN
6418218010
UPID
US13-0110018
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
-
The Antlers Gift Shop (Bike/Boat/Book/etc) Store
-
The Antlers, A Wyndham Hotel Hotel & Motel
-
Dinner Detective Murder Mystry Restaurant Theater & Performing Art Venue
-
Tesla Destination Charger Electric Vehicle Charging Station
-
Starbucks Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$12.80M
Comparable Approach
Comparable
$10.28M
Blend (final)
Blend
$15.07M
Owner & transaction history
Jp Antlers LLC · 10 yrs held
Jp Antlers LLC
since 2015
6 recorded transactions
Zoning & alternative use
FBZ-CEN · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$13,860,000
6.5%
$12,795,000
7%
$11,880,000
Blend value · Realmo final
$15.07M
Range $13.56M – $16.58M · ±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
$70 / 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
Assessed value
$4,126,830
Assessed 2023
Previous assessed
$4,126,830
+0.0% YoY
Assessed land
$826,650
Assessed improvement
$3,300,180
Land market value
$2,962,902
Improvement market value
$11,828,598
Total market value
$14,791,500
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
1973
Construction
CONCRETE
Heating
HOT WATER
Stories
13
Units
290
Total area
214,530 SF
Lot
2.37 ac (103,237 SF)
Zoning code
FBZ-CEN
APN
6418218010
UPID
US13-0110018
Jurisdiction
EL PASO
Zoning & alternative use
FBZ-CEN · Colorado Springs, CO
Zoning FBZ-CEN · permitted uses
FBZ-CEN · 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
1973
Construction
CONCRETE
Heating
HOT WATER
Stories
13
Units
290
Lot
2.37 ac
Current owner
From public records · entity-resolved
Jp Antlers LLC
Entity
Mailing address
31 N TEJON ST STE #405, COLORADO SPRINGS, CO 80903-1516
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
Oct 27, 2015
$23,209,000
Jp Antlers LLC
Msci 2007-iq16 Cascade Lodging LLC
Special Warranty Deed
$21,000,000 · Great Western Bank
Dec 26, 2013
—
Msci 2007-iq16 Cascade Lodging
Deputy Public Te Of El Paso Cnty
Trustees Deed
related
—
Dec 5, 2013
$38,000,000
Gepa Hotel Owner Colorado Sp
Deputy Public Te Of El Paso Cnty
Certificate Of Purchase
$36,432,000
Oct 11, 2007
$52,041,000
Gepa Hotel Owner Colorado Springs L
Mspa Acquisition II LP
Special Warranty Deed
$36,432,000 · Principal Commercial Funding LLC
Jan 9, 2004
$27,203,100
Acquisition Mspa II
Seven Seventeen Hb Co Corp
Grant Deed
$223,000,000 · German American Capital Corp
Dec 22, 1998
$35,350,000
Seven Seventeen Hb Colorado
Prudential Insurance Of Americ
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.
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