Comment on Hotel-to-apartment conversion moves forward with $13.5M buy

Hotel-to-apartment conversion moves forward with $13.5M buy

You can soon extend your stay at a southeast Denver hotel permanently. A South Florida investor and local developer are teaming up to convert an extended-stay hotel at 3699 S. Monaco St. in Denver into apartments. The hotel closed in tandem with the real estate last week. Aryn Spahr and Adam Berger purchased the two three-story, 30,000-square-foot buildings for $13.5 million, or $219 a foot.

 

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