Back to Search
Property profile & analytics
OFF-MARKET
Apartment buildings
430 2nd Ave Sterling, CO 80751-3127
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US13-2736087
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1925
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,104 SF
Lot
0.17 ac (7,492 SF)
APN
38052529314018
UPID
US13-2736087
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
R M Ents LLC · 9 yrs held
R M Ents LLC
since 2017
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 Sterling submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sterling 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
—
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
$1,393
Tax year 2023
Assessed value
$25,010
Assessed 2023
Previous assessed
$280,300
-91.1% YoY
Effective rate
5.57%
On assessed value
Land market value
$15,000
Improvement market value
$358,160
Total market value
$373,160
Applied tax rate
117.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1925
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
2
Rooms
18
Bathrooms
5
Total area
4,104 SF
Lot
0.17 ac (7,492 SF)
APN
38052529314018
UPID
US13-2736087
Jurisdiction
LOGAN
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
1925
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
2
Rooms
18
Bathrooms
5
Lot
0.17 ac
Current owner
From public records · entity-resolved
R M Ents LLC
Entity
Mailing address
430 N PO BOX 111TH AVE, YUMA, CO 80759-0111
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2017
$220,000
R M Ents LLC
Tempranillo Investments LLC
Warranty Deed
$131,500 · Bank Of Co
Nov 12, 2010
$135,000
Tempranillo Investments LLC
High Street Condos LLC
Warranty Deed
—
Jul 6, 2010
$67,000
High Street Condos LLC
Vectra Bk Of Co NA
Grant Deed
$37,000 · Jeff Teebken
Apr 5, 2010
—
David Grochowski
Public Trustee Of Logan County
Trustees Deed
related
—
Mar 10, 2010
$60,000
Vectra Bk Of Co NA
Public Trustee Of Logan County
Certificate Of Purchase
related
$164,480
Jun 15, 2007
—
Sterling Sevenplex LLC
Grochowski,david
Warranty Deed
—
Oct 2, 2006
$205,600
David Grochowski
Gloria Melvin
Warranty Deed
$164,480 · Vectra Bank Colorado NA
—
—
Bakers Station Ltd LLC
—
Deed Of Trust
related
$40,000 · Northeastern Co Revolving Ln F
—
—
Tempranillo Investments LLC
—
Deed Of Trust
related
$80,345 · Edna V Acton
—
—
Bakers Station Ltd LLC
—
Deed Of Trust
related
$60,000 · Northeastern Co Revolving Ln F
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 430 2nd Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
