LR Neurologist Building Sells for $1.4 Million (Real Deals)

by George Waldon  on Monday, Jan. 31, 2011 12:00 am  

The 1-acre property was acquired for $350,000 in January 2001 from Henry-Holland & Godwin Construction Co., led by Dorothy Holland.

Clinic Construction
Construction of the Devitt Eye Clinic in Sherwood is under way with a $585,000 loan.

Jakeolas LLC, led by Patrick Devitt, obtained the funding from Centennial Bank of Conway. The 9300 Brockington Road site previously was linked with an August 2004 mortgage of $300,000 held by U.S. Bank of Minneapolis.

The 8.6-acre property was assembled in three transactions totaling $451,000.

The sellers were Austin Lakes On the Bay LLC, led by Marian Botsford, $200,000 in July 2004; and Joseph Matthews Land Sales LLC, $126,000, and Matthews Management Co. LLC, led by David Matthews, $125,000, both in September 2004.

 

 

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