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Property profile & analytics
OFF-MARKET
Estimated value
$3,695,000
Hotels
9805 Federal Dr Colorado Springs, CO 80921-3746
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US13-0329658
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2002
Construction
WOOD FRAME
Total area
82,311 SF
Lot
3.15 ac (137,214 SF)
Zoning code
PBC/CR HR
APN
6220001006
UPID
US13-0329658
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 Colorado Springs North/Air Force Academy Hotel & Motel
-
British Swim School at Residence Inn - Colorado Springs North/Interquest Swimming Facility Swimming Instructor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.91M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.70M
Owner & transaction history
Breit Falcon Prop Owner LLC · 6 yrs held
Breit Falcon Prop Owner LLC
since 2019
5 recorded transactions
Zoning & alternative use
PBC/CR 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,315,000
6.5%
$4,910,000
7%
$4,560,000
Blend value · Realmo final
$3.70M
Range $3.33M – $4.06M · ±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
$45 / 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
$131,176
Tax year 2023
Assessed value
$2,104,270
Assessed 2023
Previous assessed
$2,104,270
+0.0% YoY
Effective rate
6.23%
On assessed value
Assessed land
$440,250
Assessed improvement
$1,664,020
Land market value
$1,577,961
Improvement market value
$5,964,229
Total market value
$7,542,190
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
Status
Off-Market
Year built
2002
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
4
Units
113
Total area
82,311 SF
Lot
3.15 ac (137,214 SF)
Zoning code
PBC/CR HR
APN
6220001006
UPID
US13-0329658
Jurisdiction
EL PASO
Zoning & alternative use
PBC/CR HR · Colorado Springs, CO
Zoning PBC/CR HR · permitted uses
PBC/CR HR · Colorado Springs, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Colorado Springs. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2002
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
Yes
Stories
4
Units
113
Lot
3.15 ac
Current owner
From public records · entity-resolved
Breit Falcon Prop Owner LLC
Entity
Mailing address
PO BOX A3956, CHICAGO, IL 60690-3956
Ownership since
2019
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
Apr 10, 2024
—
Breit Falcon Property Owner LLC
—
Deed
related
$857,000,000 · Morgan Stanley Bank NA
Nov 5, 2019
$13,991,600
Breit Falcon Prop Owner LLC
Interquest Hotel Partners LLC
Grant Deed
—
—
—
Interquest Hotel Partners LLC
—
Deed Of Trust
related
$8,000,000 · Royal Bank Scotland Plc
—
—
Interquest Hotel Partners LLC
—
Deed Of Trust
related
$7,868,100 · Valley View State Bank
—
—
Interquest Hotel Partners LLC
—
Deed Of Trust
related
$5,200,000 · Pnc 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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