Paul Kerley is a leading real estate investor in Oregon. Since 1983, he has serviced as owner and president of Commercial Property Resources, Inc., in Salem. Paul Kerley also does business through his single entity Kerley River Road, LLC.
Recently, Mr. Kerley purchased the River Crest Apartments through Kerley River Road, LLC. The property consists of multiple units from 127 to 177 Sunset Avenue North in Keizer, Oregon, encompassing nine units with one bedroom and one bath and two units with two bedrooms and one bathroom. The complex cost $1,050,000, paid for in cash.
Located in central Keizer convenient to multiple dining options, the property is near the Keizer Rapids on the Willamette River. Sunset Park and Willamette Manor Park are in the vicinity.
Gabe Johansen of SMI Commercial Real Estate, LLC, represented Mr. Kerley in this transaction. Tyce Nelson, the principal broker of Nelson Commercial Real Estate, LLC, represented the sellers.
Recently, Mr. Kerley purchased the River Crest Apartments through Kerley River Road, LLC. The property consists of multiple units from 127 to 177 Sunset Avenue North in Keizer, Oregon, encompassing nine units with one bedroom and one bath and two units with two bedrooms and one bathroom. The complex cost $1,050,000, paid for in cash.
Located in central Keizer convenient to multiple dining options, the property is near the Keizer Rapids on the Willamette River. Sunset Park and Willamette Manor Park are in the vicinity.
Gabe Johansen of SMI Commercial Real Estate, LLC, represented Mr. Kerley in this transaction. Tyce Nelson, the principal broker of Nelson Commercial Real Estate, LLC, represented the sellers.