$16,000,000
Active
16 Days Online
0 Beds0 Baths341,102 SQFT
Active

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

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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.

  • Property TypeMulti-Family
  • NeighborhoodRiverbend Apartments Ph 2
  • CountyPolk
  • Taxes$323,000
  • HOA/Condo/Coop Fees$0
  • Days on Site16 Days
  • MLS StatusActive
  • MLS ID Number816906
  • Home Size Source N/A
  • Year Built2023
  • Lot Size8 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Fiber Cement
  • Sewer Public Sewer
  • Acreage 8
  • Water Public
  • Security Sprinkled
  • Cross Street River Bend
  • Property Sub Type Multi Family
  • Foundation Slab

Interior Features

  • Heating Electric
  • Flooring CarpetLaminateVinyl
  • Laundry Features W/ D Hookup

Exterior Features

  • Roof Composition
  • Fencing Partial
  • Patio And Porch Covered DeckCovered Patio

Community Features

  • MLS Area 60 NORTHWEST SALEM
  • Security Features Sprinkled

Schools

School District
Unknown
Elementary School
Harritt
Middle School
Walker
High School
West Salem

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Monthly Payment (Est.)

$85,417
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