Courtesy of REAL BROKER, CHRISTINE FOLZ, Agent: 503-949-3087 

Active

2499 Wallace (-2539) Rd

Salem OR, 97304

$20,000,000


$58.63 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, this property will be delivered with all horizontal work completed, including excavation & all public & private pipe work, electrical & water. Plans & permits for 3-story multiplex complete w/fitness center, pool & clubhouse, walking trail/green space & on-site management office. Adjacent to neighboring development- small shopping center, food pods & pavilion.

807124

MLS ID

July 10, 2023

Listed

February 21, 2025

Updated

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


Patio And Porch

Covered Deck, Covered Patio


Security

Sprinkled

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

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. Neither listing broker(s) nor Debbie Brand, WVMLS Member shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

 

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