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For Sale

RIVERBEND APARTMENTS

1221 River Bend Rd NW | Salem, OR 97304

Property Details

PriceCall for price

Supporting Documents

Description

  • Number of Units: 48 • Unit Mix: (31) 1BR/1BA, (17) 2BR/2BA • Year Built: 2019 • Zoning: CO (Commercial Office)

Highlights

  • 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
  • *Assumable Fannie Mae Financing at 3.74% fixed rate, approximately 5 years remaining
  • Offering Memorandum available to qualified buyers upon execution of a Confidentiality Agreement.

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