Bass Pro Shop Site in Little Rock Rings Up $3 Million Transaction (Real Deals)

by George Waldon on Monday, Jan. 21, 2013 12:00 am

The 10-acre Covenant Cove Residential development in west Little Rock is backed with a five- year, $6.6 million loan. (Photo by Jason Burt)

TC Little Rock LLC of Phoenix bought the former Cozymel’s site at 10 Shackleford Drive from Coastal Restaurants Ltd., led by Jacob Baum.

The 2.1-acre development previously was tied to a June 2008 mortgage of $9 million held by Frost National Bank of San Antonio.

The location was purchased for $778,000 in November 1993 from Ka Kieng Sy.

Moix Property

A 6,000-SF sales and service center near Alexander sold for $700,000.

Perry Konis Jr. acquired the Moix RV project at 10903 Interstate 30 from M&T Enterprises Inc., led by Frank and Michael Moix.

The deal is funded with a seven-year loan of $525,000 from IberiaBank of Lafayette, La.

The 10.8-acre development previously was linked with a June 2009 mortgage of $400,000 held by Centennial Bank of Conway.

The property was purchased for $85,000 in November 1993 from the estate of Troy Hood.

Office Acquisition

A 4,000-SF office building in west Little Rock is under new ownership after a $635,000 deal.

Rebeccarice & Associates LLC, led by Rebecca Rice, bought the 17709 Cantrell Road project. The seller is TGG Properties LLC, led by Theodore Grace.

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