Sun West Property Management is paying $487,000 for 4.56 district-owned acres and another $213,000 for an adjacent 1.86 city-owned acres for development of another assisted living facility. The Salem-based company has 40 assisted living and Alzheimer's facilities in Oregon.
Both sales were approved this week, but are contingent on land use approvals. Together, the properties make up the Lebanon Middle School football field, the surrounding running track and a small baseball field. The football field will be available for use this season despite the sale. A replacement field will be developed.
The property once was part of an 11-acre site that held temporary housing during World War II. The buildings were torn down in the mid-1950s and Century Park established in part of the area soon after.
The sales price is the appraised value of the property. Johnson and Ray Investment Realty of Salem represented the public agencies. Lebanon Real Estate and Western Properties in Eugene represented Sun West.
The school district also has listed three other properties for sale – the Sodaville, Fairview and Tennessee Schools - but has received no offers.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
