Cooper Realty LLC
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listing
1 of 8
Multifamily
$16,000,000
2505 Wallace Rd
Salem, OR 97304
Listing Provided Courtesy of Real Broker
MLS: Regional Multiple Listing Service (RMLS)
194,800Sq Ft
Est. Mortgage
$82,689/mo

Oppurtunity to purchase and take over the development/completion of a 201-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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Information courtesy of Real Broker is subject to verification and is not guaranteed.
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