Oregon Apartment Villas Purchased Under Commercial Property Resources

Paul Kerley is the owner and president of Commercial Property Resources, Inc. His company is based in Salem, Oregon. The company sells property from all over the country. Although he is based in Salem, Oregon, Paul Kerley also Is one of Lowes biggest customer in a twelve western state region.

Mr. Kerley recently sold a 28-unit apartment community in Hillsboro, Oregon. The community is called The Park Villa Apartments and is located at 2520-2668 NE Parkwood Street. The property was sold for $2.5 million, with the help of apartment broker, Gabe Johansen, under SMI Commercial Real Estate, LLC. The buyer is Mike Osborn and was represented by Dennis Salomon of Commercial Real Estate Services, LLC.

Aside from the Park Villa Community, Mr. Kerley also purchased an apartment complex with ten units at 1555-1573 Broadway in Salem, Oregon. He also purchased eight units at 110-118 Sunset Avenue N in Keizer, Oregon. Both properties cost $960,000 and were bought from Bill and Bernadine Ruark of Dayton, Oregon.

Willamette Valley Helps Produce Oregon’s Best Wine

Oregon-based property manager Paul Kerley is the owner and president of Commercial Property Resources, Inc. Located in the state capital of Salem, Paul Kerley owns over 1,000 residential properties in Oregon. Located in the Willamette valley, Salem, Oregon is an area perfectly suited to wine lovers and connoisseurs, with over 500 wineries.

Nicknamed, “Oregon Wine Country,” the Willamette valley is home to nearly 20,000 acres of vineyard. A whopping 14,027 acres of that is for the area’s main variety, pinot noir. The valley is dotted with vineyards and wineries, many of which offer wine tastings to thirsty travelers. For those who prefer guided tours, multiple touring companies throughout the valley offer the experience and knowledge of local connoisseurs to help you get the most out of your wine tasting trip.


April 1, 2017 will mark the second annual Willamette Valley Pinot Noir Barrel Auction. Wineries from all over the valley come together to present hand-crafted wines to a trade-only audience. This year’s auction welcomed over 400 guests who helped raise $476,000. All proceeds benefit the Willamette Valley Wineries Association, helping them further spread the word about the state’s wonderful wines.

Fun Near Grand Ronde, Oregon - Drift Creek Falls

Based in Oregon’s state capitol, Salem property manager Paul Kerley owns nearly 1,000 residential properties throughout the Beaver State. Through his company Grand Ronde Village, LLC, Paul Kerley has purchased 42 single-family homes in the unincorporated community known as Grand Ronde. Part of the Salem metropolitan statistical area, this small community in Polk and Yamhill counties had a population of just 271 in the 2000 census.

Less than an hour drive from Grand Ronde, you’ll find one of Oregon’s most breathtaking natural attractions, Drift Creek Falls. This massive free-falling waterfall drops 75 feet to the forest below. Visitors can view the waterfall from the 240-foot suspension bridge, which puts you right above the fall itself.

After completing the scenic hike beginning at the Drift Creek Falls Trailhead, the breathtaking view of the waterfall is well worth the effort. The 2.6 mile hike is safe for kids and novice hikers, alike is open year round and trailhead parking is affordable at only $5 for the entire day. Drift Creek Falls is one of the many family-friendly activities you’ll find in the Grand Ronde area of North-Western Oregon, and it perfectly showcases the state’s natural beauty.

Lowe’s Building Supplies for Business

Seasoned real estate professional Paul Kerley operates as the president of Commercial Property Resources, a real estate management company that he established in Salem, Oregon. Focused on property management on account of his large portfolio of properties, Paul Kerley does a high volume of business with Lowe’s in the Salem, Oregon, area, which has made him one of the company’s largest customers in the Western United States.

Property management entails ongoing maintenance, and one nationwide option for materials is Lowe’s. Established in 1946 and traded publicly since 1961, the chain offers a wide variety of building and home improvement supplies. In addition to its brick-and-mortar stores, Lowe’s maintains an online store and multiple call centers.

Professional customers constitute approximately 30 percent of Lowe’s total business. This includes the construction industry and maintenance and repair operations. Headquartered in Mooresville, North Carolina, the company did over $56 billion in revenue in 2014.

The Background, Features, and Rental of Whitman Park Apartments

Paul Kerley, a real estate professional serving Salem, Oregon, leads Commercial Property Resources, Inc., and Kerley Properties, LLC. Among the properties owned by Paul Kerley are the Whitman Park Apartments, situated at 1873-1901 Highway Avenue NE, Salem, Oregon 97301.

The Whitman Park Apartments sold for $4.35 million cash, with financing from the Hunt Mortgage Group. Bradley Willson of the Marcus & Millichap Capital Corporation served as the mortgage broker, and Anita Risberg from Salem advised on the transaction.

The two-story, multifamily property contains 92 units. Floor plans begin at 788 square feet and reach a size of 1,096 square feet. One- and three-bedroom units make up approximately a fourth of the apartments. The majority are two-bedroom homes. Each unit features wood flooring, and some offer carpet. A dishwasher and a washer-dryer hookup is included, as well as amenities such as wood-burning fireplaces and a community pool.

Tenants must pay a deposit upon signing a lease. Going forward, they are responsible for paying rent monthly. Pets are admissible as long as they do not display aggressive behavior. A pet deposit and rent is required for each.

The Marketing and Advertising Responsibilities of a Property Manager

Having acquired numerous properties over the span of three decades, Salem, Oregon, real estate investor Paul Kerley possesses a wealth of experience in commercial property management. Paul Kerley oversees the management of approximately 1,000 residential units he owns in and around Salem, Oregon, and elsewhere.

A proficient property manager is key to the success of a real estate investment in a multifamily property. His or her primary task is to ensure that rental units do not go unoccupied, and he or she has a responsibility to market and advertise vacancies promptly. The property manager must first prepare the apartments for showing by coordinating the efforts of the maintenance staff, who not only clean open units but also maintain the exterior to increase curb appeal. In addition, a property manager collaborates with realtors and leasing agents to communicate the availability of a unit and creates collateral material, ranging from signs to print ads, to garner interest from prospective tenants.

In the same capacity, a property manager makes him- or herself available to address questions as needed. To reduce the number of calls he or she has to take regarding common questions, the manager may set up a recorded, 24-hour hotline that provides details about the property.

Three Tips for Improving Time-Management Skills

The owner of Commercial Property Resources, Inc., in Salem, Oregon, Paul Kerley also leads Kerley Properties, LLC. Through both companies, Paul Kerley manages a number of residential properties in and around Salem, Oregon.

Time management is an important skill when overseeing multiple properties or managing several tasks simultaneously. The following tips may enhance your efficiency.

Complete one task at a time.
Despite your desire to multitask, focus on one item at a time. According to the website Rentprep.com, concentrating on one task with the intent to finish it makes you work more efficiently. You are also less likely to make errors that would normally occur when switching between tasks.

Create a list.
A list helps you understand what needs to be done to keep your properties operational. A good practice is to write out what tasks need daily attention. Ideally, this is completed in the morning, so you can refer to it throughout the day. Arrange your list based on priorities, such as managing maintenance first thing and then following up with simpler administrative tasks, such as returning phone calls. If possible, group similar items together to maximize time and effort.

Limit interruptions.
A drawn-out conversation with a coworker or time spent handling a personal matter can derail a day’s worth of work. Create an environment that minimizes interruptions. Keeping your office door closed, for instance, will reduce opportunities for conversation, thus giving you time to focus on your work.