2499 Wallace (-2539) Rd NW Salem, OR 97304
Listing Courtesy of: WVMLS / Real Broker / Windermere Heritage / Ali Morrison - Contact:  Agent: 503-949-3087

  2499 Wallace (-2539) Rd NW Salem, OR 97304

Active (71 Days)
$16,000,000
399
BED
341,102
SQFT

Description

Opportunity to purchase & take over the development/completion of 201-unit apartment complex project. Located in expanding community of West Salem. Plans & permits for 3-story multiplex complete w/fitness center, pool & clubhouse, walking trail/green space & on-site management office. Adjacent to neighboring small shopping center, food pods & pavilion. Property will be delivered in current state with approx 65% horizontal completed. West Salem is a reliably expanding community, with 190,963 residents within a five-mile radius and a projected population of 202,097 by 2026.

MLS #:
816906
Taxes
$323,000
Lot Size
7.83 acres
Type
Multifamily
Year Built
2023
Community
Riverbend Apartments Ph 2

Listed By

Christine Folz, Real Broker, Contact: Agent: 503-949-3087
Ali Morrison, Windermere Heritage
Source
WVMLS
Last checked Jul 24 2024 at 11:00 AM GMT+0000
Bathroom Details
Subdivision
  • Riverbend Apartments Ph 2
Property Features
  • Foundation: Slab
Heating and Cooling
  • Electric
Flooring
  • Vinyl
  • Laminate
  • Carpet
Exterior Features
  • Roof: Composition
Utility Information
  • Sewer: City
School Information
  • Elementary School: Harritt
  • Middle School: Walker
  • High School: West Salem
Additional Listing Info
  • Buyer Brokerage Commission: 1.5
Location
   
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Disclaimer: Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.