The owner and president of Commercial Property Resources, Inc., Paul Kerley has spent nearly four decades as a real estate professional operating throughout the Salem, Oregon, region. His portfolio is comprised of approximately 1,500 residential units. Through his single entity Kerley River Road, LLC, Paul Kerley recently acquired multiple properties in Keizer, Oregon, just north of Salem.
Keizer’s River Crest Apartments complex, located at 127-177 Sunset Avenue North, consists of 11 units that range from one-bedroom, one-bath arrangements to two-bedroom, one-bath options. Kerley River Road was represented by Gabe Johnson of SMI Commercial Real Estate, LLC, throughout the transaction, which was valued at $1.5 million.
Mr. Johnson of SMI served as principal broker for another recent transaction, a $1.05 million acquisition of River Road Apartments. The six-unit complex is made up of all two-bedroom, one-bath, multi-family units. The property, located at 4133-4143 River Road North in Keizer, also includes a 1,700-square-foot commercial office building on site.
Keizer’s River Crest Apartments complex, located at 127-177 Sunset Avenue North, consists of 11 units that range from one-bedroom, one-bath arrangements to two-bedroom, one-bath options. Kerley River Road was represented by Gabe Johnson of SMI Commercial Real Estate, LLC, throughout the transaction, which was valued at $1.5 million.
Mr. Johnson of SMI served as principal broker for another recent transaction, a $1.05 million acquisition of River Road Apartments. The six-unit complex is made up of all two-bedroom, one-bath, multi-family units. The property, located at 4133-4143 River Road North in Keizer, also includes a 1,700-square-foot commercial office building on site.