About 2499 -2539 Wallace Rd
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.
Features of 2499 -2539 Wallace Rd
| MLS® # | 22218653 |
|---|---|
| Price | $49,000,000 |
| Bathrooms | 0.00 |
| Square Footage | 194,800 |
| Acres | 0.00 |
| Year Built | 2022 |
| Type | Multi Family |
| Status | Active |
Community Information
| Address | 2499 -2539 Wallace Rd |
|---|---|
| Area | 168 - Polk Co: West Salem N |
| Subdivision | Riverbend Apartments |
| City | Salem |
| County | Polk |
| State | OR |
| Zip Code | 97304 |
Amenities
| Parking | Assigned |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Mini Split |
|---|---|
| Cooling | Other |
| Fireplace | No |
| # of Stories | 3 |
| Has Basement | No |
| Basement | None |
Exterior
| Exterior | Cement Siding |
|---|---|
| Roof | Composition |
| Foundation | Slab |
School Information
| Elementary | Harritt |
|---|---|
| Middle | Walker |
| High | West Salem |
Additional Information
| Date Listed | December 2nd, 2022 |
|---|---|
| Days on Market | 117 |
| Zoning | Multi |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Real Broker |
|---|---|
| Contact Info | ORBroker@TheRealBrokerage.com |