Quality and Specialized Meat at Steak On The Hoof

An active presence in the Salem, Oregon, real estate community, Paul Kerley has served as the owner and president of Commercial Property Resources, Inc., since 1983. Paul Kerley of Salem, Oregon, has made notable acquisitions, such as the Houston Lake cattle ranch, through Steak On The Hoof, LLC.

Steak On The Hoof provides clients with high-quality cattle finishing and specialized meat cutting services. The company's website (steakonthehoof.com) features a "Featured Products" section where visitors can get prime cuts of meat from around the country. Steak On The Hoof is established by a discerning team of experts who have perfected the process of quality beef production through 98 years of experience in the cattle finishing space.

Customers can purchase a live cow by paying a deposit while the livestock is at the weaning stage. The calves are provided quality nutrition and care (120 to 140 days after weaning). Processing into specialized cuts for customers occurs when the cow has reached the required weight. There is also a shared purchase option where two customers buy one live cow.

The dedicated team at Steak On The Hoof treats every cow in a health-conscious and humane manner. The cows and calves can access high-quality pastures, clean drinking water, and routine health care (such as worming). The cattle are not treated with antibiotics or hormones that can degrade their beef integrity when cut into steaks. The rigorous animal husbandry practice at Steak On The Hoof adds an extra layer of food safety for customers.

Two Popular Cattle Breeds in the United States

 

Paul Kerley is a Salem, Oregon-based executive who guides Commercial Property Resources, Inc. Through the Salem, Oregon company, he oversees approximately 1800 residential units, among other properties. Concurrently, Paul Kerley serves as the owner of Steak On The Hoof and has expanded the company by acquiring a large cattle hay ranch on SW Houston Lake Road.

According to Agdaily.com, there are over 70 cattle breeds in the United States. Due to their outstanding vigor and genetic prospects, only a fraction of these breeds is utilized for animal husbandry. Regarding beef production, some breeds stand out from the rest in converting pasture into quality lean muscle mass. According to the U.S. Cattlemen's Beef Board, Black Angus and Hereford are two popular beef cattle breeds in the country.

The Black Angus is distinguished from most other breeds by its uniformly black coat color. Over 330,000 black Angus are registered for beef production in the country. Black Angus beef is well-marbled and has a unique flavor. Angus cows are also good mothers, with remarkable feed conversion efficiency.

The Hereford has a reddish-yellow coat color on most of its body, except for its face, which is typically white. This cattle breed has high feed conversion efficiency and is suitable for fattening. Herefords are also good milkers, easy calvers, and docile breeds.

A Pair of Commercial Acquisitions in Salem, Oregon

 

Paul Kerley is a Salem, Oregon, entrepreneur who oversees Commercial Property Resources, Inc., and maintains a real estate portfolio of more than 1,500 units across the state. One the properties in Salem, Oregon, that Paul Kerley engineered the acquisition of was 2965 - 2995 Ryan Drive Southeast.

Situated centrally in Salem, Oregon, the property includes a pair of class A office buildings totaling 35,806 square feet, 21,176 of which are leased to Mid Valley IPA. The remaining 14,630 square feet are leased by Atrio Health Plans. Financing for this transaction was arranged by SecurityPlus Federal Credit Union (care of Extensia Financial, LLC).

Another commercial acquisition in the city’s central business district involved the Starkey - McCully Building, which has 14,850 square feet of total space on 0.17 acres. Having been completely remodeled and made American Disabilities Act-accessible, the two-story property has become a popular location within a busy commercial corridor. Arranging its sale on behalf of the owner was SMI Commercial Real Estate, LLC.

Why You Must Consider Water Resources Before Buying a Cattle Ranch

 

Paul Kerley is a real estate manager and entrepreneur with almost 40 years of experience. He holds a juris doctor from Willamette Law School in Salem, Oregon, as well as a bachelor of science in economics from Montana State University, Bozeman. As owner and president of Commercial Property Resources, Inc. in Salem, Paul Kerley manages about 1,500 residential units. He also has invested in cattle and hay ranches in Powell Butte, Oregon.

There are several unique factors to consider in buying a cattle ranch, including the availability of water resources. Before making any financial commitments, you must obtain water rights for irrigation and riparian areas. Also, ensure you have tanks and underground piping to water your livestock.

Keeping the ranch well-watered ensures cattle don’t have to travel far distances to access water, keeping the herd healthier by reducing stress. The quality of water resources is equally important, and plays an important role in the herd's health.

Paul Kerley Purchases Cattle & Hay Ranch

A graduate of Montana State University, where he earned a degree in economics, Paul Kerley is the owner and president of Commercial Property Resources, Inc., in Salem, Oregon. The company owns and manages an extensive portfolio of over 1,500 residential units. Paul Kerley also works as a sole investor. He recently completed the purchase of 7995 and 8883 SW Houston Lake Road in Powell Butte, Oregon, through his other company, Steak on the Hoof, LLC.

The property contains 257 acres of farmland, of which 142 are irrigated by flood pipes, gated pipes, and wheel lines. Additionally, the property has 7,500 acres of land in the Ochoco Mountains, which provide room for 185 cow and calf pairs.

The property also contains a pair of houses and several carrels and outbuildings that create rental opportunities for ranchers. Mr. Kerley completed the purchase of this property for $2.375 million working through principal broker Jerry Hicks.

Steak On The Hoof Purchased

Paul Kerley, a respected leader in the Salem, Oregon real estate community, has worked in the real estate industry for more than three decades. Since 1983, he has managed and overseen Commercial Property Resources, Inc., a property management company in Salem, Oregon, now controls about 1800 residential units. Paul Kerley is the sole owner of Steak on the Hoof, and he made the executive decision to expand his business by acquiring a large cattle hay ranch on SW Houston Lake Road in Powell Butte, Oregon.

The acquisition involved a transaction of $2.5 million from Steak On The Hoof to the former owner, and Mary E. Doyle of Coldwell Banker represented both parties in Bend, Oregon.

The property is 109 acres wide. At the time of acquisition, 98 acres of the ranch were irrigated by a flood and a pivot. A salon and residential property sit on a portion of the land close to the outbuildings on the property.

Why Salem is Considered Real Estate

A Salem, Oregon real estate professional drawing on a career that has spanned more than three decades, Paul Kerley serves as president and owner of Commercial Property Resources, where he oversees over 1800 residential units. Paul Kerley has had a longstanding career in the Salem, Oregon, real estate market.

The capital city of Oregon, Salem, has a long record of high housing demand. In fact, previous records (including the year 2019) show that the rate at which houses were demanded in the state exceeded supply. With this attribute, Salem is considered a reliable real estate market for investors, and websites like Listwithclever.com reiterate this concept.

With the high housing demand in the state, one may expect houses to be more expensive in Salem than in other cities. However, this is not the case since the past median home value in Salem was far less compared to Eugene and Portland (other cities in Oregon). This is good news for both home renters and buyers since renters can expect more affordable lease contracts while buyers can also expect affordable acquisition costs. With the increasing demand for houses in the state, homebuyers can also expect to see their assets appreciate over time.

Purchases a Pair of Seaside, Buildings

Salem entrepreneur Paul Kerley leads Commercial Property Resources, Inc., and has pursued high value real estate transactions across Oregon. Paul Kerley maintains an extensive portfolio of managed rentals in Salem and also seeks out properties on the coast with significant upside potential.

Through One Ten Holdings, LLC, he coordinated the purchase of a pair of buildings in Seaside at 726-730 Broadway Street and 1 North Holladay Drive. With the acquisition brokered by Popkin Real Estate, LLC, the agreed upon price for the properties was $3 million. Wauna Federal Credit Union provided financing that enabled the deal to be completed.

As Mr. Kerley described it, One Ten Holdings had been seeking a purchase opportunity along the North Oregon Coast for some years. Securing the buildings in a historical downtown district presented a chance to join a “wonderful community.” The plan was to modify several spaces so that they met the requirements of current tenants, as well as those seeking competitive downtown rentals. Port Town Property in Astoria was hired to oversee the leasing process.

Commercial Property Resources

Based in Salem, Oregon, Paul Kerley is a longtime presence in the real estate investment sphere and directs companies such as Commercial Property Resources, Inc. One noteworthy acquisition Paul Kerley and his Salem, Oregon, team made was of the 25-space Highway Avenue Trailer Park.

The purchase from Investors Management Group NW of the property in at 1865 Highway Ave NE added to a commercial property resources portfolio that already includes the adjacent Whitman Park Apartments. The transaction was described as fitting well with Mr. Kerley’s investment strategy of buying and repairing properties with structural and other issues across the Willamette Valley. By turning around properties that are troubled and under-performing, he provides safe, desirable location for tenants to rent and call home.

Another local acquisition was of an apartment complex at 1575-1593 Broadway NE that has 10 one-bedroom, one-bath units. This two-story structure is located in convenient proximity to the city’s downtown area. The transaction was completed through Kerley Five Properties, LLC.

Acquires 500-Acre Houston Lake Ranch

Based in Salem, Oregon, Paul Kerley guides Commercial Property Resources, Inc., where he delivers acquisition and management solutions across the state. Paul Kerley and the Steak OnThe Hoof, LLC, team in Salem, Oregon, engineered the $2.3 million purchase of Houston Lake Ranch in Powell Butte.

The expansive, 500-acre property is zoned for agricultural use and includes a cattle ranching operation. An irrigation system is used to pump and distribute water from Little Houston Lake to surrounding acreage, with approximately 60 percent of the total land irrigated and suitable for farming.

Three residential structures are situated on the property, including a primary ranch house that spans 2,030 square feet and has four bedrooms. The secondary residences are 1,006 square feet and 1,279 square feet, respectively. There are also outbuildings located on site, such as a barn and equipment shed.

As a working cattle ranch, the property benefits from a number of IRS tax exemptions. Other attractions include a lake that serves as a wildlife hub and encourages recreational uses such as hunting and fishing.

Business Purchases Houston Lake Ranch

Paul Kerley is a longtime Salem, Oregon, real estate entrepreneur who directs Commercial Property Resources, Inc., and a number of affiliated companies. Through Steak OnThe Hoof, LLC, Paul Kerley and his Salem, Oregon, team managed the 2020 acquisition of the 500-acre Houston Lake Ranch in Powell Butte.

Situated in an unincorporated part of Crook County, Oregon, and framed by Smith Rock and Cascade Mountain, the working ranch includes approximately 300 irrigated acres. It has a variety of farm structures, as well as three residential dwellings, the latter of which include the original four-bedroom ranch home of more than 2,000 square feet and a pair of smaller two- and three-bedroom homes.

A distinct asset of the property is its lake, which provides water for livestock and is also used as a source of pumped irrigation water. Attracting waterfowl and stocked with fish, the lake is a haven for wildlife and supports both angling and hunting. The $2.3 million purchase of the land included all mineral rights, and the property receives tax exemptions as a working agricultural enterprise.