Warehouse Sale at LR Port Tops $1 Million (Real Deals)

by George Waldon  on Monday, Feb. 27, 2012 12:00 am  

The location was purchased for $50,000 in March 2003 from Union Bank of Benton.


Crossfield Transaction

Ownership of two commercial properties in North Little Rock shifted in a $498,000 transaction.

Kelcro Properties LLC, led by Jimmy Crossfield, bought the 4924 Hillard Road property. The seller is Crossfield Plumbing & Rooter Service, led by Jimmy and Reggie Crossfield.

The deal, which included the 3,488-SF project at 5200 Crystal Hill Road, is financed with a five-year loan of $525,000 from Summit Bank of Arkadelphia.

The properties previously were tied to an August 2007 mortgage of $265,000 and an April 2009 mortgage of $329,573 held by Regions Bank of Birmingham, Ala. The 0.59-acre Hillard Road development was acquired for $265,000 in August 2007 from Danny and Sandra Lancaster. The 3,488-SF Crystal Hill project was purchased for $75,000 in December 2004 from Namiah Alley.


Oaks Residence

A 3,385-SF home in The Oaks neighborhood of west Little Rock's Chenal Valley development sold for $509,000.

Christie and Steven Bardwell acquired the house from Clint and Cynthia Boshears. The residence was linked with a May 2009 mortgage of $410,500 held by Little Rock's Bank of the Ozarks.

The location was bought for $70,000 in September 2001 from Deltic Timber Corp. of El Dorado.



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