Riverbend Apartments
48-Unit Multi-family | Salem, OR
Marketing description
Riverbend Apartments is a 48-unit multifamily community located in the highly desirable
West Salem submarket. Built in 2019, the property features a well-balanced unit mix consisting of 31
one-bedroom/one-bathroom units (770 SF) and 17 two-bedroom/two-bathroom units (1,040 SF)
designed to appeal to today’s renter demographic seeking modern finishes, efficient floor plans, and
convenient access to neighborhood amenities and major employment centers.
Riverbend Apartments benefits from its premier location within one of West Salem’s fastest growing
residential corridors, offering residents convenient access to downtown Salem, retail services,
restaurants, grocery stores, and outdoor recreation. The property is uniquely positioned adjacent
to a popular local food truck pod and beer pavilion, enhancing the overall resident experience
and contributing to the area’s strong community-oriented atmosphere. With strong rental demand
and continued growth throughout West Salem, Riverbend Apartments presents investors with the
opportunity to acquire a high-quality asset in one of the Willamette Valley’s most desirable rental
markets.
Investment 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
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