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2499 Wallace Rd
Salem, OR 97304
Riverbend Apartments Phase II · Multifamily Property For Sale · 201 Units

INVESTMENT HIGHLIGHTS

  • The Riverbend Apartments Phase II is a three-story 201-unit multi-family development with an estimated completion date in 2024.
  • Future residents will enjoy a full suite of top-notch amenities with a fitness center, resident pool with clubhouse, and on-site management.
  • West Salem is known as a family-friendly community with breathtaking panoramic views of the rolling hills and evergreen pines.

PROPERTY FACTS

No. Units 201
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class A
Lot Size 8.00 AC
Construction Status Abandoned
Building Size 207,900 SF
No. Stories 3
Parking Ratio 1.43/1,000 SF
Zoning MU2

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Cable Ready
  • Heating
  • Carpet
  • Office

SITE AMENITIES

  • Clubhouse
  • Courtyard
  • Fitness Center
  • Pool
  • Property Manager on Site

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+2 15 $1,495 700 - 800
2+2 174 $1,695 800 - 950
3+2 12 $1,895 1,000 - 1,150
  • Listing ID: 26224099

  • Date on Market: 7/21/2022

  • Last Updated:

  • Address: 2499 Wallace Rd, Salem, OR 97304

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