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.
