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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Apartment buildings
939 Washington St Denver, CO 80203-3379
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US13-0680244
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1910
Total area
4,062 SF
Lot
0.14 ac (6,250 SF)
Zoning code
G-MU-3
APN
05038-17-013-000
UPID
US13-0680244
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$625k
Owner & transaction history
Migchelbrink LLC · 14 yrs held
Migchelbrink LLC
since 2012
6 recorded transactions
Zoning & alternative use
G-MU-3 · Denver, 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 Denver submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Denver 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$154 / 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
$6,581
Tax year 2023
Assessed value
$84,930
Assessed 2023
Previous assessed
$71,740
+18.4% YoY
Effective rate
7.75%
On assessed value
Assessed land
$26,200
Assessed improvement
$58,730
Land market value
$446,000
Improvement market value
$876,500
Total market value
$1,322,500
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1910
Heating
FORCED AIR
Buildings
2
Stories
3
Units
5
Rooms
17
Bathrooms
6
Total area
4,062 SF
Lot
0.14 ac (6,250 SF)
Zoning code
G-MU-3
APN
05038-17-013-000
UPID
US13-0680244
Jurisdiction
DENVER
Zoning & alternative use
G-MU-3 · Denver, CO
Zoning G-MU-3 · permitted uses
G-MU-3 · Denver, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Denver. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1910
Heating
FORCED AIR
Stories
3
Buildings
2
Units
5
Rooms
17
Bathrooms
6
Lot
0.14 ac
Current owner
From public records · entity-resolved
Migchelbrink LLC
Entity
Mailing address
1505 TEAKWOOD CT, FORT COLLINS, CO 80525-1954
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 11, 2012
$520,000
Migchelbrink LLC
Jennifer L Collins
Warranty Deed
$338,000 · Firstbank
May 11, 2012
—
Migchelbrink LLC
Lane Elizabeth
Grant Deed
—
Jun 23, 2003
—
Jennifer L Collins
Collins,todd
Quit Claim Deed
related
$225,000 · Washington Mutual Fsb
—
—
Beth A Collins
—
Deed Of Trust
related
$15,117 · Firstbank Of Denver NA
—
—
Beth A Collins
—
Deed Of Trust
related
$181,000 · Gmac Mortgage Corp
—
—
Jennifer L Collins
—
Deed Of Trust
related
$100,000 · Washington Mutual Fsb
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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