A real estate development professional with more than three decades of experience, Paul Kerley of Salem, Oregon, currently heads Commercial Property Resources, Inc., as president. In recent years, Paul Kerley has guided the firm in the acquisition of properties such as the Carleton Way Apartment Complex in Salem, Oregon.
Located in the attractive neighborhood of Northgate, one of the city’s larger districts and a hub for transportation and commerce, the Carleton Way apartment complex comprises 19 units, all of which are one bedroom/one bathroom. In 2018, the complex was completely renovated, making each unit practically new. Each unit contains stainless steel kitchen appliances, a range, microwave, refrigerator, and dishwasher, and an outdoor deck. The complex is a short drive from popular Salem attractions such as the Chemeketa Community College Planetarium and the A.C. Gilbert’s Discovery Village.
Financed through Hunt Mortgage, the sale price was $2.6 million, and Gabe Johansen served as principal broker for both parties.