Active

2499 (-2539) Wallace RD

Salem OR, 97304

$20,000,000


$102.67 per sqft

Active

6 Beds

7 Baths

194,800 sqft

Multi-family

Built in 2024

Courtesy of Real Broker 503-949-3087

Oppurtunity to purchase and take over the development/completion of a 201-unit apartment complex project.Located in the expanding community of West Salem,this property will be delivered with all horizontal work complete including excavation,public & private pipe work, electrical & water. Plans and permits for 3-story multiplex complete with fitness center, resident pool & clubhouse, walking trail/green space and on-site management office. Horizontal phase to be completed prior to sale. 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 brokers.

23348074

MLS ID

July 10, 2023

Listed

February 16, 2024

Updated

Map

2499 (-2539) Wallace RD
Salem OR, 97304

Interior Features

Total Stories

3


Bedrooms

6 Beds


Bathrooms

7 Baths


Fireplace

No


Cooling

Yes


Cooling Description

Other


Heating

Yes


Heating Description

Mini Split

Exterior/Building Features

Roof

Composition


Sewer

Public Sewer

School Information

High School

West Salem


Elementary School

Harritt

Other Property Details

Area Name

_168


Taxes

$1,521


Tax Frequency

Annually


Days on Market

203


Garage

No


Parking

Assigned


View

No


County

Polk


Water Source

Public Water


Pool

No


Zoning

Multi


Buyer Agency Compensation

1.5%

Courtesy of Real Broker, Christine Folz
Listing Contact: 503-949-3087 

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This content last updated on 2/16/2024, 2:28 AM UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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