Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$10,000,000
Motels
914 College Ave Fort Collins, CO 80524-3303
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US13-0139429
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1962
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,595 SF
Lot
0.65 ac (28,314 SF)
APN
97132-29-004
UPID
US13-0139429
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
-
Reiss Hospitality Inc Hotel & Motel
-
Best Western University Inn Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.00M
Owner & transaction history
Laubhan LLC · 13 yrs held
Laubhan LLC
since 2012
Last sale
$10.0M
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 Fort Collins submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Collins 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
$10,000,000
ML approach
$10,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$10.00M
Range $9.00M – $11.00M · ±10% · vs last sale $10.00M (Oct 31 2024)
Last sale anchor
$10.00M
Oct 31 2024
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
$2,176 / 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
$83,701
Tax year 2023
Assessed value
$925,192
Assessed 2023
Previous assessed
$409,625
+125.9% YoY
Effective rate
9.05%
On assessed value
Assessed land
$199,094
Assessed improvement
$726,098
Land market value
$713,600
Improvement market value
$2,602,500
Total market value
$3,316,100
Applied tax rate
1,100.0000
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
1962
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Buildings
2
Stories
2
Units
32
Rooms
32
Total area
4,595 SF
Lot
0.65 ac (28,314 SF)
APN
97132-29-004
UPID
US13-0139429
Jurisdiction
LARIMER
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
1962
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Stories
2
Buildings
2
Units
32
Rooms
32
Lot
0.65 ac
Current owner
From public records · entity-resolved
Laubhan LLC
Entity
Mailing address
914 S COLLEGE AVE, FORT COLLINS, CO 80524-3303
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2012
$4,325,000
Laubhan LLC
Stratborough Investors INC
Grant Deed
$5,200,000 · Great Wstrn Fsb
Dec 28, 2005
—
Stratborough Investors INC
—
Trustees Deed
related
$400,000 · New Frontier Bank
—
—
Laubhan LLC
—
Loan Modification
related
$700,000 · Great Wstrn Bk
—
—
Stratborough Investors INC
—
Deed Of Trust
related
$1,000,000 · New Frontier Bank
—
—
Stratborough Investors INC
—
Deed Of Trust
related
$250,000 · New Frontier Bank
—
—
Laubhan LLC
—
Deed Of Trust
related
$660,000 · Great Wstrn Bk
—
—
Laubhan LLC
—
Loan Modification
related
$659,900 · Great Wstrn Bk
—
—
Laubhan LLC
—
Loan Modification
related
$660,000 · Great Wstrn Bk
—
—
Laubhan LLC
—
Deed Of Trust
related
$660,000 · Great Wstrn Bk
—
—
Laubhan LLC
—
Loan Modification
related
$4,700,000 · Great Western Bank
—
—
Stratborough Investors INC
—
Deed Of Trust
related
$4,250,000 · Great Western Bank
—
—
Laubhan LLC
—
Loan Modification
related
$1,015,000 · Great Wstrn Bk
—
—
Laubhan LLC
—
Loan Modification
related
$1,015,000 · Great Wstrn Bk
—
—
Stratborough Investors INC
—
Deed Of Trust
related
$2,780,000 · Bank Of Choice W Greeley
—
—
Stratborough Investors INC
—
Deed Of Trust
related
$503,061 · New Frontier Bank
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 914 College 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.