RiNo site for proposed micro apartments brings $112 per sf

Denver County

Property Location: North corner of Wynkoop & 36th streets, Denver

Property Description: Vacant land, 84 micro apartments with a total of 37,800 sf net rentable area planned

Land Size: 18,750 sf

Sales Price: $2.1M, or $112 per sf, or $25,000 per buildable unit

Reception No.: 2016086461

Closing Date: 7/1

Grantor: 3609 Wynkoop LLC Investors LLC, Frank Dellaglio & Ryan Arnold, mgrs.

Grantee: SMP4 Investments Inc., David Juades, c/o McWhinney, 720-360-4737,

Financing: $1,.66M due 12-1-16, payable to Guaranty Bank & Trust

Comments: Plan to build 84 “micro apartments” @ 450 sf each located at 3609 Wynkoop St.

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.