JUDICIAL SALE: Mission Apartment for sale: The Bergen Apartments 121 24 Avenue SW, Calgary

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• Property Value$8,000,000
• Property AddressJUDICIAL SALE: 121 24 Avenue SW, Calgary, The Bergen Apartments, Calgary, Ab, T2S 0J8, Canada
• TypeApartment
• Style21 Suite Apartment Building
• Parking8 undrgrnd +1
• Taxes$40,441

• Bedroom1 and 2 bdrm

Mission

JUDICIAL SALE: 121 24 Avenue SW, Calgary, The Bergen Apartments, Calgary, Ab, T2S 0J8, Canada

Description

Court ordered Sale. Please contact listing broker for information respecting property tours and offering protocol. This is a 21 suite apartment building built in 2020. Superior construction and suite finishing in a beautiful building located in the heart of Mission. Exterior is finished with a combination of brick veneer, stucco and metal simulated wood siding, the roof is flat, windows are double glazed vinyl. All units have balconies. The building is serviced by 1 elevator and 2 stairways.
12 x 1 bedroom - 1 bath suites @585 sq.ft 2 x 1 bedroom - 2 baths suites @ 775 sq.ft. 6 x 2 bedroom - 2 bath suites @ 902 sq.ft and 1 x 2 bedroom - 2 bath Penthouse suite @ 1,528 sq.ft.
Full appliance package and in-suite laundry in all units.
The penthouse is fully furnished with show suite décor and a rooftop hot tub. The furnishings and hot tub are privately owned and can be purchased under separate agreement. 10 parking stalls available plus 1 visitor stall. The construction is complete and the building is fully occupied and offers a healthy 4.25% Cap Rate at asking price. Click on the "Additional Information tab for pictures, brochure and Schedule A that must accompany offers. All parties viewing the property must sign the COVID protocol acknowledgement form located in the additional information. This property was appraised in June 2020 at $9,000,000