Saturday, June 13, 2020

Salem’s River Road Apartments


As the owner and president of Commercial Property Resources in Salem, Oregon, Paul Kerley has been in the business of acquiring and developing commercial and multi-family residential real estate properties for nearly four decades. In February of 2020, Paul Kerley of Salem, Oregon spearheaded the acquisition of River Road Apartments.

The River Road Apartments is located at 4133-4143 River Road North, placing the building close to several restaurants, retail stores, and other essential establishments. It also offers ample tenant parking through its on-site paved surface lot.

The principal River Road Apartments structure was built in 1967. A single-story building, it consists of six apartment units. Each of these units features two bedrooms and one bathroom. The average area of a River Road Apartment unit is 670 square feet.

Beyond the main 6-unit River Road Apartments complex, the property contains one stand-alone, leased commercial office building, This single-story structure stretches over 1,700 square feet.