Southwest Little Rock Office-Retail Site Fetches $1.1 Million (Real Deals)

by George Waldon  on Monday, Nov. 5, 2012 12:00 am  

School Mortgage

Construction of a 20,000-SF addition to a private school in west Little Rock is backed with a $3 million funding agreement.

Little Rock Christian Academy Inc. received the 10-year loan from Little Rock’s Bank of the Ozarks. The new building will seat 750 and house the upper school band, choir, drama and visual arts programs.

The 53-acre campus at 19010 Cantrell Road was assembled in deals with Highway 10 Real Estate LLC, led by Scott Ford, $2 million in April 2005; Frances Pauline Ulmer and her son, John Ulmer Jr., $1.4 million in August 1996, and Eugene Pfeifer III and his wife, Linda, $271,500 in September 2000; and PCD LLC, led by Gene Pfeifer, 3.8 acres donated in December 2007.

 

 

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