$20,000,000

2499 Wallace ( 2539) Rd is a $20,000,000, 341,102 square foot, 399 bedroom, 414.0 bath home on a 8.00 acre lot located in Salem, OR.
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.
Basement | Slab |
Appliances | Electric |
Interior Features | Area (Combination) Carpet Laminate Vinyl Breakfast Room/Nook Handicap Amenities (Refer to Remarks) Available Sprinkled |
Heating Types | Electric |
Exterior Features | Covered Deck Covered Patio Landscaped Partial Fenced Yard W/D Hookup Irrigation System |
Roof | Composition |
Construction Types | Fiber Cement |
Land Type | Not Flood Plain |
Water Source | City |
Sewer | City |
Property Type | Income |
Property Sub Type | Multi- (5+) |
Style | Garden/Low-Rise |
Year Built | 2023 |
HOA Fee | $0.00 |
Taxes | $323,000.00 |
County | polk |
Elementary School | harritt |
Middle School | walker |
High School | west salem |
Neighborhood | Riverbend Apartments Ph 2 |
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. Data last updated
11/30/2023 at 03:38am MST. © 2023 Willamette Valley Multiple Listing Service. All rights reserved.