1221 River Bend Rd NW
- West Salem / Polk County location, near downtown Salem and
- major employment centers
- • Walking distance to retail, dining, and daily conveniences
- • Built 2019, Low Capital Expenditure Needs
- • Limited new multifamily supply in the submarket
- • 48-Unit Scale Attractive to Both Regional and Institutional Buyers
- • Number of Units: 48
- • Unit Mix: (31) 1BR/1BA, (17) 2BR/2BA
- • Year Built: 2019
- • Zoning: CO (Commercial Office)
- Offering Memorandum available to qualified buyers upon
- execution of a Confidentiality Agreement.
- PROPERTY OVERVIEW
- INVESTMENT HIGHLIGHTS
- WALLACE RD NW
- RIVERBEND RD NW
- *Assumable Fannie Mae Financing at 3.74% fixed rate,
- approximately 5 years remaining
Property Description
• Number of Units: 48 • Unit Mix: (31) 1BR/1BA, (17) 2BR/2BA • Year Built: 2019 • Zoning: CO (Commercial Office)
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| No. of Units: | 48 |
| Year Built: | 2022 |
| Lot Size: | 1.95 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
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