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)

Richard Meyer acquired the house from Edward and Patricia Jeffries. The deal is backed with a 30-year loan of $300,000 from Bank of Little Rock Mortgage.

The residence previously was linked with a May 2009 mortgage of $237,844 held by Wells Fargo Bank of Sioux Falls, S.D.

The location was bought for $45,300 in August 1993 from Ian and Sue Campbell.

Winemiller Mortgage

The owner of a 463-acre tract in North Little Rock picked up a $2.05 million financial package.

Tulip Farms Inc., led by Jimmy Winemiller, received the one-year loan from Little Rock’s Bank of the Ozarks.

The land is near the southeast corner of Interstate 40 and Galloway Road, north of U.S. 70 and south of Long Cypress Brake.

The corporation acquired the property from the bank for $1.03 million in December 2011.

Bank of the Ozarks took possession of the land through a deed in lieu of foreclosure transaction in September 2011 with Rex Robertson. The property secured a February 2007 mortgage of $2.25 million held by the bank.

Million-Dollar Construction

Arcade Building    $10,900,000
100 River Market Ave., Little Rock
Clark Contractors LLC, Little Rock

Barg Gray Clinic    $2,674,000
11415 Executive Center Drive, Little Rock
NBMC Inc., Greenbrier

5,600-SF house    $1,223,000
6 Spring Valley Lane, Little Rock
Kevin Hughes Construction Co., Little Rock

LongHorn Steakhouse     $1,000,000
2628 S. Shackleford Road, Little Rock
Jerry Kachel Builder Inc., Spring, Texas

Motel    $1,000,000
3801 W. Eighth St., Little Rock
Avinash Patel, Pine Bluff

 

 

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