2505 Wallace Rd Salem, OR 97304
Oppurtunity to purchase and take over the development/completion of a 201-unit apartment complex project.Located in the expanding community of West Salem. Plans and permits for 3-story multiplex complete with fitness center, resident pool & clubhouse, walking trail/green space and on-site management office. Property will be delivered in current state with approx 65% horizontal completed. 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 co broker.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyPolk
- Taxes$9,029
- HOA/Condo/Coop Fees$0
- Days on Site16 Days
- MLS StatusActive
- MLS ID Number24492370
- Home Size Source N/A
- Year Built2024
- Lot Size2.64 Acres
- Full BathsN/A
- Partial BathsN/A
Sell your house quickly!
Get multiple potential cash offers for your home. Fast and hassle-free!
Learn MoreRecent Activity For 2505 Wallace Rd Salem, OR 97304
| a week ago | |
| 2 weeks ago |
Don't miss a thing!
Get updates on new activity for this listing
General Features
- Construction Cement Siding
- Sewer Public Sewer
- Water Public
- Parking Features Assigned
- Attached Garage No
Interior Features
- Heating Mini Split
- Cooling Other
- Basement None
- Foundation Slab
- Stories 3
Exterior Features
- Parking Assigned
- Roof Type Composition
Community Features
- HOA Includes Trash Collection