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$20,000,000
78 Days Online

2499 (-2539) Wallace Rd
Salem, OR 97304

For Sale|Multi-Family|Active
Subdivision:
Riverbend Apartments
County:
Polk
Listing courtesy of Christine Folz of Real Broker ?

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(503) 663-8343
2499 (-2539) Wallace Rd2499 (-2539) Wallace Rd2499 (-2539) Wallace Rd2499 (-2539) Wallace Rd
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Oppurtunity to purchase and take over the development/completion of a 201-unit apartment complex project.Located in the expanding community of West Salem, this property will be delivered with all horizontal work complete including excavation, public & private pipe work, electrical & water. Plans and permits for 3-story multiplex complete with fitness center, resident pool & clubhouse, walking trail/green space and on-site management office. Horizontal phase to be completed prior to sale. Development is located off Wallace Rd, adjacent to phase 1 (completed) and neighboring retail development which includes a small shopping center, food truck pod and pavilion. Developer is willing to complete project for negotiated developer fees after purchase. Inquire with brokers.

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Listing Snapshot
Price 
$20,000,000
Days Online 
78 Days
Bedrooms 
N/A
Inside Area (SqFt) 
194,800 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
2024
MLS Number 
23348074
Status 
Active
Property Tax 
$1,520
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 months agoListing updated with changes from the MLS
3 months agoListing first seen online
General Features
Construction 
Cement Siding
Water 
Public
Parking Features 
Assigned
Attached Garage 
No
Interior Features
Heating 
Mini Split
Cooling 
Other
Basement 
None
Foundation 
Slab
Stories 
3
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Exterior Features
Parking 
Assigned
View 
No
Roof Type 
Composition
Community Features
HOA Includes 
Trash Collection
Schools
School District
Unknown
Elementary School
Harritt
Middle School
Walker
High School
West Salem
Listing courtesy of Christine Folz of Real Broker ?



The content relating to real estate for sale on this website comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is Copyright © 2023 RMLS™, Portland, Oregon. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.

This content last updated on 2023-09-27 03:25 PM PDT.

All information provided is deemed reliable but is not guaranteed and should be independently verified

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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