Listing Courtesy of: Christine Folz - Real Broker
503-360-1640
$16,000,000
Calculate Payment
Calculate Payment
2505 WALLACE Rd Unit 2505 Salem, OR 97304
Multi-Family
Residence
Beds
Baths
194,800
Sq. Ft.
2.64
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
Saves
Oppurtunity to purchase and take over the development/completion of a 216-unit apartment complex project.Located in the expanding community of West Salem. Plans and permits for 3-story multiplex complete with fitness center, resident pool & clubhouse, walking trail/green space and on-site management... office. Property will be delivered in current state with approx 65% horizontal completed. 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 co broker.
Continue reading
MLS#
24492370
Property Type
Multi-Family
Status
Year Built
2024
Square Feet
194,800
sq. ft
Lot Size
2.64
Sewer
Public Sewer Available
Receive an email as soon as the price changes
Receive an email
as soon as the price changes
Get Price Alerts
Don't miss your chance. Receive an email as soon as the price changes.
Get email alerts when
a home price changes
Sign up
Enter your work address to view actual drive times with traffic for this property.
Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
Source: Walk Score®
How much home can I afford?
Get prequalified today and learn more.
Rental Valuation Estimate
Per Month
Nearby Homes For Sale
Just Listed
And
Homes Available
In