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Property profile & analytics
OFF-MARKET
Estimated value
$2,345,000
Hotels
767 Horizon Dr Grand Junction, CO 81506-3965
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US13-0674719
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2005
Construction
STEEL FRAME
Total area
75,811 SF
Lot
2.05 ac (89,298 SF)
Zoning code
I-O
APN
2701-361-45-001
UPID
US13-0674719
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
-
Residence Inn Grand Junction Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.17M
Blend (final)
Blend
$2.35M
Owner & transaction history
Cs17 Colorado Hotels LLC · 2 yrs held
Cs17 Colorado Hotels LLC
since 2023
5 recorded transactions
Zoning & alternative use
I-O · Grand Junction, 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 Grand Junction submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grand Junction 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.35M
Range $2.11M – $2.58M · ±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
$31 / 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
$138,063
Tax year 2023
Assessed value
$1,865,470
Assessed 2023
Previous assessed
$1,220,420
+52.9% YoY
Effective rate
7.40%
On assessed value
Assessed land
$174,400
Assessed improvement
$1,691,070
Land market value
$625,090
Improvement market value
$6,061,200
Total market value
$6,686,290
Applied tax rate
14,102.0000
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/MOTEL
Status
Off-Market
Year built
2005
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
4
Units
104
Rooms
1
Total area
75,811 SF
Lot
2.05 ac (89,298 SF)
Zoning code
I-O
APN
2701-361-45-001
UPID
US13-0674719
Jurisdiction
MESA
Zoning & alternative use
I-O · Grand Junction, CO
Zoning I-O · permitted uses
I-O · Grand Junction, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Grand Junction. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2005
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
4
Units
104
Rooms
1
Lot
2.05 ac
Current owner
From public records · entity-resolved
Cs17 Colorado Hotels LLC
Entity
Mailing address
3500 LENOX RD NE STE G1, ATLANTA, GA 30326-4265
Ownership since
2023
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
Sep 14, 2023
—
Cs17 Colorado Hotels LLC
Ssh Co M Property LLC
Special Warranty Deed
—
Nov 28, 2017
—
Ssh Co M Property LLC
—
Grant Deed
related
$240,000,000 · Column Fin'l
Mar 19, 2015
—
Ssh Co M Property LLC
Rlj II - R Grand Junction LLC
Grant Deed
—
May 12, 2008
—
Rlj II-r Grand Junction LLC
Grand White Etkin Res LLC
Quit Claim Deed
$200,000,000 · Wells Fargo Bank
—
—
Grand White Etkin Res LLC
—
Deed Of Trust
related
$8,640,000 · Pullman Bank & Trust Co
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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