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$16,000,000
190 Days On Site
2505 WALLACE RDSalem, OR 97304
For Sale|Multi Family|Active
3
Beds
3
Full Baths
0
Partial Baths
194,800
SqFt
$82
/SqFt
2024
Built
County:
Polk
Listing courtesy of Christine Folz of Real Broker 5039493087
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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.
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Listing Snapshot
Price
$16,000,000
Days On Site
190 Days
Bedrooms
3
Inside Area (SqFt)
194,800 sqft
Total Baths
3
Full Baths
3
Partial Baths
N/A
Lot Size
2.64 Acres
Year Built
2024
MLS® Number
24492370
Status
Active
Property Tax
$9,029
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 2 months ago | Listing updated with changes from the MLS® | |
| 6 months ago | Listing first seen on site |
General Features
Acres
2.64
Foundation
Slab
Number Of Stories
3
Parking
Assigned
Property Condition
New Construction
Property Sub Type
Multi Family
Sewer
Public Sewer
SqFt Total
194800
Zoning
Multi
Interior Features
Basement
None
Cooling
NoneOther
Heating
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Exterior Features
Roof
Composition
Community Features
Financing Terms Available
CashConventional
MLS Area
_168
Roads
Paved
Schools
School District
Unknown
Elementary School
Harritt
Middle School
Walker
High School
West Salem
Listing courtesy of Christine Folz of Real Broker 5039493087
The content relating to real estate for sale on this website comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is Copyright © 2024 RMLS™, Portland, Oregon. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.
This content last updated on 2024-10-29 05:00 PM PDT.
All information provided is deemed reliable but is not guaranteed and should be independently verified
The content relating to real estate for sale on this website comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is Copyright © 2024 RMLS™, Portland, Oregon. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.
This content last updated on 2024-10-29 05:00 PM PDT.
All information provided is deemed reliable but is not guaranteed and should be independently verified
Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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