Evergreen Place Deal Totals Nearly $1.4 Million (Real Deals)

by George Waldon  on Monday, Oct. 8, 2012 12:00 am  

 

Rural Residence

A 3,184-SF home in west Pulaski County sold for $520,000.

Jon and Jennifer Harrison acquired the house from Barry and Piper Thomas.

The 10.8-acre spread previously was linked with a February 2003 mortgage of $255,000 held by Pulaski Mortgage Co. of Little Rock. The location was purchased for $120,000 in February 1992 from Steven Napper and Teresa Napper.

 

Apartment Construction

A 180-unit expansion of a North Little Rock apartment project is in motion with a $14.2 million funding agreement.

BC Group III LLC, led by John Burkhalter, got the three-year loan from Arvest Bank of Fayetteville. The 6.6-acre development marks the third phase of Fountaine Bleau Apartments at 10801 Paul Eells Drive.

The location is part of the 40-acre Maumelle Golf Driving Range that Burkhalter bought for $1.96 million in March 2007 from John and Mary Hearnes.

 

Gateway Funding

 

 

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