Ainslee Townhouses

Becomes Latest CPR

Purchase

Paul Kerley, Salem Oregon

Introduction

• A resident of Salem, Oregon, Paul Kerley presides over Commercial Property Resources (CPR), where he leverages over 30 years of real estate ownership experience to manage about 1,500 residential units. Paul Kerley continues to add to CPR's portfolio with the addition of single-family homes and multifamily apartment complexes throughout Salem and other parts of the state.

One of the most recent additions to CPR's real estate portfolio is a four-unit townhouse located on Ainslee Avenue in Depoe Bay. Purchased for $499,000 with financing through Precision Capital, the property has two units with two bedrooms and one-and-a-half bathrooms and two units with three bedrooms and one-and-a-half baths. Additionally, two units have washers and dryers.

Built in 1995, the two-level property is a combined 4,004 square feet with a blend of carpet and vinyl flooring and light blue LP siding. The lot itself is 7,841 square feet and includes eight parking spaces.