An established presence in the Salem, Oregon real estate sphere, Paul Kerley guides Commercial Property Resources, Inc., and owns approximately 1,500 residential units statewide. Through the firm One Ten Holdings, LLC, Paul Kerley and his Salem team recently completed the purchase of an apartment complex in Roseburg, Oregon.
Freemont & Winchester Apartments encompass 56 total units. Of these, 24 are one bedroom, one bath units, 26 have two bedrooms and one bath, and the rest are three bedroom, one bath units. The location is 610-635 NE Winchester Street and 1104-66 NE Freemont Avenue, within the city of Roseburg. With the purchase price totaling just over $3 million, the property had seller-provided financing that enabled an expedited transaction process.
Other acquisitions made in early 2020 through Kerley River Road, LLC, include River Crest Apartments and River Road Apartments. The former has 11 units and the latter six units. Both apartment complexes are located in the municipality of Keizer, with the purchase price for each just over $1 million cash.
