OR > Salem > Riverbend Apartments Ph 2
Salem, OR 97304,2499 Wallace (-2539) Rd NW NW
Salem, OR 97304,2499 Wallace (-2539) Rd NW NW
Salem, OR 97304,2499 Wallace (-2539) Rd NW NW
Salem, OR 97304,2499 Wallace (-2539) Rd NW NW
Salem, OR 97304,2499 Wallace (-2539) Rd NW NW
Salem, OR 97304,2499 Wallace (-2539) Rd NW NW
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Listed by CHRISTINE FOLZ • REAL BROKER • Agent: 503-949-3087
$ 16,000,000
Est. payment | /mo

399 Beds

414 Baths

341,102 SqFt

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$ 16,000,000
Est. payment | /mo
Save

399 Beds

414 Baths

341,102 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi- (5+)

Listing Status Active

Purchase Type For Sale

Square Footage 341,102 sqft

Price per Sqft $46

Subdivision Riverbend Apartments Ph 2

MLS Listing ID 816906

Bedrooms 399

Year Built 2023

Annual Tax Amount $323,000

Lot Size 8.000 Acres

Acres 8.0

Property 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.

Location

State OR

County Polk

Area 60 Northwest Salem

Rooms

Other Rooms Breakfast Room/Nook

Dining Room Area (Combination)

Interior

Hot Water Electric

Heating Electric

Flooring Carpet, Laminate, Vinyl

Laundry W/D Hookup

Exterior

Fence Partial

Roof Type Composition

Building

Foundation Slab

Sewer City

Water City

Schools

Elementary Schools Harritt

Middle Schools Walker

High Schools West Salem

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Willamette Valley MLS (WVMLS)
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3240 Commercial St SE, Ste 100, Salem, OR, 97302

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2499 Wallace (-2539) Rd NW NW