2499 -2539 Wallace Rd, Salem

$54,000,000

0 Bed
0 Bath
194,800 Sqft
0 Acre
0 Garage

Opportunity to purchase a 201-unit apartment complex currently under construction, ETA for completion July 2024. Located in the expanding community of West Salem, this project is in the horizontal phase & will be a 3-story multiplex complete w/ fitness center, resident pool & clubhouse, walking trail/green space & on-site management office. Development is located off Wallace Rd, adjacent to neighboring retail development which includes a small shopping center, food truck, and pavilion.

Essential Information
MLS® #22218653
Price$54,000,000
Bathrooms0.00
Square Footage194,800
Acres0.00
Year Built2022
TypeMulti Family
StatusActive
Community Information
Address2499 -2539 Wallace Rd
Area168 - Polk Co: West Salem N
SubdivisionRiverbend Apartments
CitySalem
CountyPolk
StateOR
Zip Code97304
Amenities
ParkingAssigned
Interior
HeatingMini Split
CoolingOther
# of Stories3
BasementNone
Exterior
ExteriorCement Siding
RoofComposition
FoundationSlab
School Information
ElementaryHarritt
MiddleWalker
HighWest Salem
Additional Information
Date ListedDecember 2nd, 2022
Days on Market65
ZoningMulti
Listing Details
OfficeReal Broker
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Listing information last updated on February 7th, 2023 at 10:39am PST.