Denver County
Address: Southwest corner of Inca St. & W. 40th Ave., Denver
Land Size: 31,250 sf
Improvements: Land value, misc. improvements, 29 units proposed
Date of Recording: 12/13
Reception No.: 2017162496 & 2017162478
Price: $3.45M, or $110.40 psf
Grantor: 3931 Inca LLC & 3995 Inca St. LLC, Dennis McLin, mgr., 720-480-9347
Grantee: Railhouse Denver LLC, Rodney G. Morgan, mgr.
Financing: $9.27M payable to First Western Trust Bank
Comments: See APN: 2214-34-023, 2214-34-022. Confluence Cos. is developing the apartments directly to the north, located on the northwest corner of 40th Ave. & Inca St. Confluence paid $3 million, or $68.36 psf, in October 2016, and the 431-unit Zia Apartments are under construction. Dennis McLin was the listing broker.
Comp of the Day is provided by John V. Winslow, president of Winslow Property Consultants. Winslow has more than 40 years’ experience in commercial real estate. He can be reached at 720-612-7878 or Colprop2012@gmail.com.
