Offers to be presented to the court on May 17th, 2022. Court ordered Sale. Property tours and offering protocol in place. 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 (8 underground) available plus 1 visitor stall. The construction is complete and the building is fully occupied and offers a healthy 4.29% Cap Rate at asking price. Click on the Supplements for pictures, brochure and Schedule A that must accompany offers etc.. 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