Courtesy of REAL BROKER, CHRISTINE FOLZ, Agent: 503-949-3087
Active
2499 Wallace (-2539) Rd
Salem OR, 97304
$16,000,000
$46.91 per sqft
Active
399 Beds
414 Baths
341,102 sqft
Multi-family
Built in 2023
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.
816906
MLSⓇ ID
May 15, 2024
Listed
October 14, 2024
Updated
Map
2499 Wallace (-2539) Rd
Salem OR, 97304
Interior Features
Bedrooms
399
Total Bathrooms
414
Interior Features
Breakfast Room/Nook, Area (Combination)
Appliances
Yes, Electric
Laundry Description
W/D Hookup
Floor Description
Carpet, Laminate, Vinyl
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Electric
Exterior/Building Features
Lot Size
7.83 Acres
Exterior Features
Fiber Cement
Lot Features
Irrigation System, Yes, Partial, Garden/Low-Rise
Roof
Composition
Sewer
City
School Information
High School
West Salem
Elementary School
Harritt
Other Property Details
Area Name
60 NORTHWEST SALEM
Taxes
$323,000
Tax Frequency
Annually
Garage
No
View
No
County
Polk
Municipality
West Salem
Water Source
City
Pool
No
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