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Listing provided courtesy of REAL BROKER: 503-740-9768.

2499 Wallace (-2539) NW

Salem, OR 97304
  • $16,000,000
  • STATUS: Active
  • ON SITE: 117 Days
  • MLS #: 816906
UPDATED: 9 min ago
$16,000,000
  • 399
    BEDS
  • 8
    ACRES
  • 414
    BATHS
  • 0
    1/2 BATHS
  • 341,102
    SQFT
  • $47
    $/SQFT
Type:
Multi-Family
Built:
2023
County:

School Information

Elementary School:
Middle School:
High School:
Listing provided courtesy of REAL BROKER: 503-740-9768. Listing information © 2024 Willamette Valley Multiple Listing Service



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.

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Willamette Valley MLS logo © 2024 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Data last updated: 2024-09-10T19:09:37.8.
www.willamettevalleyhouses.com/homes/150566860
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2499 Wallace (-2539) NW Salem, OR 97304

  • Price: $16,000,000
  • Status: Active
  • On Site: 117 Days
  • Updated: 9 min ago
  • MLS #: 816906
399
Beds
414
Baths
0
½ Baths
8
Acres
341,102
SQFT
$47
$/SQFT
2023
Built
Neighborhood:
Riverbend Apartments Ph 2
County:
Polk
Area:
60 NORTHWEST SALEM
Elementary School:
Harritt
Middle School:
Walker
High School:
West Salem
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.
Exterior Features

Fenced Yard Partial Foundation Slab Landscape Irrigation SystemYes Patio Covered DeckCovered Patio Roof Composition Siding Fiber Cement

Interior Features

Bonus Rooms Breakfast Room/Nook Dining Area (Combination) Dishwasher Yes Disposal Yes Fire System Sprinkled Flooring CarpetLaminateVinyl Heating Electric Laundry W/D Hookup Range Facility Electric Unit1 Baths 2 Unit1 Bedrooms 1 Unit2 Baths 2 Unit2 Bedrooms 2 Unit3 Baths 2.5 Unit3 Bedrooms 3 Water Heater Electric

Property Features

Cross Street River Bend Flood Plain No Handicap Amenities Yes (Refer to Remarks) High Speed Comm Access Available Maintenance 154328 Multifamily Type Multi- (5+) Sewer City Suitable For Garden/Low-Rise Tax Amount 323000 Tax Years projected Terms Seller Will Consider CashConventional Water City Water Sewer 209000

© 2024 Willamette Valley Multiple Listing Service. All rights reserved.


Willamette Valley MLS logo © 2024 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Data last updated: 2024-09-10T19:09:37.8.
 
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Young Property Group | Keller Williams Realty Mid Willamette
2125 Pacific Blvd SW
Albany OR, 97322
Listing provided courtesy of REAL BROKER: 503-740-9768. Listing information © 2024 Willamette Valley Multiple Listing Service