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Property profile & analytics
OFF-MARKET
Estimated value
$8,345,000
Hotels
4150 Kentucky Ave Denver, CO 80246-2006
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US13-0473378
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
73,855 SF
Lot
1.99 ac (86,684 SF)
APN
1973-18-3-05-016
UPID
US13-0473378
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
-
Hampton Inn & Suites Denver-Cherry Creek Hotel & Motel
-
Rays hotel Hotel & Motel
-
Hampton Inn and Suites Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.35M
Owner & transaction history
Veer Hospitality Cherry Creek LLC · 2 yrs held
Veer Hospitality Cherry Creek LLC
since 2024
5 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$113 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$248,526
Tax year 2021
Assessed value
$2,764,332
Assessed 2023
Previous assessed
$2,848,960
-3.0% YoY
Effective rate
8.99%
On assessed value
Land market value
$4,333,250
Improvement market value
$5,604,750
Total market value
$9,938,000
Applied tax rate
665.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
7
Units
133
Bathrooms
470
Total area
73,855 SF
Lot
1.99 ac (86,684 SF)
APN
1973-18-3-05-016
UPID
US13-0473378
Jurisdiction
ARAPAHOE
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
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
7
Units
133
Bathrooms
470
Lot
1.99 ac
Current owner
From public records · entity-resolved
Veer Hospitality Cherry Creek LLC
Entity
Mailing address
PO BOX A3956, CHICAGO, IL 60690-3956
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2024
$18,000,000
Veer Hospitality Cherry Creek LLC
Bre Select Hotels Properties LLC
Special Warranty Deed
$11,622,000 · Wells Fargo Bank NA
Jul 13, 2017
—
Bre Select Hotels Props LLC
—
Grant Deed
related
$800,000,000 · Morgan Stanley Bk
Dec 8, 2014
—
Bre Select Hotels Props LLC
—
Grant Deed
related
$830,000,000 · Citigroup Global Markets Rlty
May 16, 2013
—
Bre Select Hotels Props LLC
Bre Select Hotels Pa Holdings
Quit Claim Deed
$900,000,000 · Bank Of America
Aug 26, 2009
$14,700,000
Apple Six Glendale INC
Glendale Lodging Lllp
Grant Deed
related
—
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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