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Property profile & analytics
OFF-MARKET
Estimated value
$8,925,000
High-rise multifamily apartments
921 Grn Star Dr Colorado Springs, CO 80905-7834
Entity Owned
6-yr Hold
Property ID
US13-0831690
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
1965
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
123,992 SF
Lot
1.52 ac (66,211 SF)
Zoning code
R5 HR
APN
7425200062
UPID
US13-0831690
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
-
Regency Towers Apartments Apartment Building
-
Jaw Properties Apartment Complex
-
Spain and Portugal Custom Vacations Travel Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.71M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.46M
Blend (final)
Blend
$8.93M
Owner & transaction history
Jaw Properties LLC · 6 yrs held
Jaw Properties LLC
since 2020
Last sale
$8.3M
7 recorded transactions
Zoning & alternative use
R5 HR · 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
$9,860,000
ML approach
$10,710,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.93M
Range $8.03M – $9.82M · ±10% · vs last sale $8.30M (Jul 6 2020)
Last sale anchor
$8.30M
Jul 6 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
$72 / 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
$73,576
Tax year 2023
Assessed value
$1,058,980
Assessed 2023
Previous assessed
$1,058,980
+0.0% YoY
Effective rate
6.95%
On assessed value
Assessed land
$69,200
Assessed improvement
$989,780
Land market value
$1,032,892
Improvement market value
$14,772,903
Total market value
$15,805,795
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
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
1965
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Buildings
2
Stories
11
Units
126
Total area
123,992 SF
Lot
1.52 ac (66,211 SF)
Zoning code
R5 HR
APN
7425200062
UPID
US13-0831690
Jurisdiction
EL PASO
Zoning & alternative use
R5 HR · Colorado Springs, COZoning R5 HR · permitted uses
R5 HR · Colorado Springs, CO
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
1965
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Stories
11
Buildings
2
Units
126
Lot
1.52 ac
Current owner
From public records · entity-resolved
Jaw Properties LLC
Entity
Mailing address
921 GRN STAR DR, COLORADO SPRINGS, CO 80905-7834
Mailing matches property
Yes
Owner-occupied
Yes
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2025
—
J A W Properties LLC
—
Deed
related
$500,000 · Adams Bank & Trust
Jul 6, 2020
—
Jaw Properties LLC
Jaw Properties LLC
Quit Claim Deed
related
—
Dec 26, 2019
—
J A W Properties LLC
—
Deed
related
$4,850,000 · Adams Bk&tr
Jan 31, 2018
—
J A W Properties LLC
—
Deed
related
$4,570,313 · Adams Bk&tr
Dec 9, 2014
—
J A W Properties INC
—
Grant Deed
related
$5,100,000 · Adams Bk&tr
Jul 27, 2000
$8,300,000
J A W Properties INC
Lincoln-recp Regency Opco LLC
Grant Deed
$5,300,000 · Northland/marquette Capital
—
—
J A W Properties LLC
—
Deed Of Trust
related
$4,850,000 · Adams Bk&tr
—
—
J A W Properties LLC
—
Deed Of Trust
related
$4,570,313 · Adams Bk&tr
—
—
J A W Properties LLC
—
Deed Of Trust
related
$580,000 · Adams Bk&tr
—
—
Jaw Properties INC
—
Deed Of Trust
related
$4,600,000 · Canon National 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.
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