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Property profile & analytics
OFF-MARKET
Estimated value
$7,680,000
Motels
8701 Tpke Dr Westminster, CO 80031-7046
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US13-0756874
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1986
Total area
20,502 SF
Lot
3.44 ac (149,846 SF)
APN
R0062946
UPID
US13-0756874
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
-
La Quinta Inn by Wyndham Denver Westminster Hotel & Motel
-
Larimer lounge Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.07M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.68M
Owner & transaction history
Apex Hospitality INC · 2 yrs held
Apex Hospitality INC
since 2023
Last sale
$7.3M
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 Westminster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Westminster 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
$8,010,000
ML approach
$8,070,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.68M
Range $6.91M – $8.45M · ±10% · vs last sale $7.33M (Oct 4 2023)
Last sale anchor
$7.33M
Oct 4 2023
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
$375 / 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
$240,933
Tax year 2023
Assessed value
$2,373,260
Assessed 2023
Previous assessed
$2,283,810
+3.9% YoY
Effective rate
10.15%
On assessed value
Assessed land
$502,270
Assessed improvement
$1,870,990
Land market value
$1,800,252
Improvement market value
$6,706,048
Total market value
$8,506,300
Applied tax rate
731.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1986
Heating
RADIANT
Buildings
4
Stories
3
Units
130
Rooms
130
Total area
20,502 SF
Lot
3.44 ac (149,846 SF)
APN
R0062946
UPID
US13-0756874
Jurisdiction
ADAMS
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
1986
Heating
RADIANT
Stories
3
Buildings
4
Units
130
Rooms
130
Lot
3.44 ac
Current owner
From public records · entity-resolved
Apex Hospitality INC
Entity
Mailing address
7494 S COOLIDGE WAY, AURORA, CO 80016-5232
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 18, 2024
—
Apex Hospitality INC
—
Deed
related
$2,270,000 · Colorado Lending Source Ltd
Oct 4, 2023
$7,325,000
Apex Hospitality INC
Cavalier Colorado LP
Special Warranty Deed
$3,694,906 · Adams Bank & Trust
Mar 9, 2022
—
Cavalier Coloraod LP
Cplg Properties LLC
Special Warranty Deed
$104,020,000 · Bank Of Montreal
Jun 5, 2018
—
Cplg Properties LLC
—
Deed
related
$1,035,000,000 · Jp Morgan Chase Bk
Sep 10, 2007
—
Bre Of Lq Properties LLC
—
Deed Of Trust
related
—
Feb 23, 2006
—
Bre Of Lq Properties LLC
Laquinta Properties INC
Grant Deed
$2,075,000,000 · * Other Institutional Lenders
—
—
Cplg Properties LLC
—
Deed Of Trust
related
$1,035,000,000 · Jp Morgan Chase Bk
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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