One of the business’s most recent acquisitions is a seven-unit apartment complex located at 2547-2561 Lee St. SE in Salem. Purchased through Snow & Kerley Properties, LLC, for $435,000, the property comprises several 1 bedroom/1 bathroom units and several 2 bedroom/1 bathroom units. All units include carports and fenced yards, and they share an onsite laundry room. The landlord is responsible for water, sewer, and garbage bills, while the tenant pays the other utilities, including electricity and gas. The transaction was financed through Precision Capital, with Chris Bettis acting as the mortgage broker and principal broker Gabe Johansen representing the buyer.
Salem, Oregon, resident Paul Kerley graduated from Montana State University and the Willamette University College of Law and has several decades of experience in real estate investment and the law. Paul Kerley is the president and owner of Commercial Property Resources, Inc, a real estate management firm in Salem, Oregon, which owns approximately 1,500 residential units throughout the state.
One of the business’s most recent acquisitions is a seven-unit apartment complex located at 2547-2561 Lee St. SE in Salem. Purchased through Snow & Kerley Properties, LLC, for $435,000, the property comprises several 1 bedroom/1 bathroom units and several 2 bedroom/1 bathroom units. All units include carports and fenced yards, and they share an onsite laundry room. The landlord is responsible for water, sewer, and garbage bills, while the tenant pays the other utilities, including electricity and gas. The transaction was financed through Precision Capital, with Chris Bettis acting as the mortgage broker and principal broker Gabe Johansen representing the buyer.
0 Comments
Leave a Reply. |
AuthorHe currently owns and oversees approximately 1,000 residential units that he acquired through a wide range of professional real estate partnerships. Archives
November 2020
Categories
All
|