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Property profile & analytics
OFF-MARKET
Estimated value
$2,280,000
Motels
4604 Rusina Rd Colorado Springs, CO 80907-1721
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US13-2447119
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
21,394 SF
Lot
0.69 ac (30,000 SF)
Zoning code
C6/CR
APN
6319307003
UPID
US13-2447119
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
-
Super 8 by Wyndham Colo. Sprs. Garden Of The Gods Hotel & Motel
-
Permanently closed - GetCoins Bitcoin ATM Crypto Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.45M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.28M
Owner & transaction history
Wasay LLC · 5 yrs held
Wasay LLC
since 2020
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
C6/CR · 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
$2,490,000
ML approach
$2,445,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.28M
Range $2.05M – $2.51M · ±10% · vs last sale $2.10M (Aug 4 2020)
Last sale anchor
$2.10M
Aug 4 2020
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
$107 / 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
$15,866
Tax year 2023
Assessed value
$297,950
Assessed 2023
Previous assessed
$297,950
+0.0% YoY
Effective rate
5.33%
On assessed value
Assessed land
$136,850
Assessed improvement
$161,100
Land market value
$490,500
Improvement market value
$577,411
Total market value
$1,067,911
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
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
4
Units
51
Total area
21,394 SF
Lot
0.69 ac (30,000 SF)
Zoning code
C6/CR
APN
6319307003
UPID
US13-2447119
Jurisdiction
EL PASO
Zoning & alternative use
C6/CR · Colorado Springs, CO
Zoning C6/CR · permitted uses
C6/CR · 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
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
4
Units
51
Lot
0.69 ac
Current owner
From public records · entity-resolved
Wasay LLC
Entity
Mailing address
3270 N CHESTNUT ST, COLORADO SPRINGS, CO 80907-5014
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 7, 2020
—
Wasay LLC
—
Deed
related
$1,123,000 · Miscellaneous Govt Agcy
Aug 4, 2020
$2,100,000
Wasay LLC
Arihant LLC
Grant Deed
$1,831,302 · First St Bk/colorado
Dec 18, 2018
—
Arihant LLC
—
Deed
related
$60,000 · Adams Bk&tr
Mar 31, 2008
$1,550,000
Arihant LLC
Chamak Ents II
Warranty Deed
$870,000 · Adams Bank & Trust
—
—
Wasay LLC
—
Deed Of Trust
$1,831,302 · First St Bk/colorado
—
—
Arihant LLC
—
Deed Of Trust
related
$60,000 · Adams Bk&tr
—
—
Chamak Enterprises
—
Deed Of Trust
related
$2,294,750 · Money Store Commercial Mtg
—
—
Wasay LLC
—
Deed Of Trust
related
$1,123,000 · Miscellaneous Govt Agcy
—
—
Arihant LLC
—
Deed Of Trust
related
$623,000 · Pikes Peak Regional Dev Corp
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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