Sherwood Boomerang Car Wash Generates $2.4M Sale (Real Deals)

by George Waldon  on Monday, Mar. 25, 2013 12:00 am  

The location was purchased for $75,000 in November 1992 from Big K Development Corp., led by Kelton Brown Sr.

Hallen Court Home

A 4,700-SF house in the Hallen Court neighborhood of west Little Rock’s Chenal Valley development changed hands in a $640,000 deal.

Richard Stephens Jr. and his wife, Centhia, purchased the house from Homebank of Arkansas in Greenbrier. The bank provided a $450,000 loan.

Homebank recovered the property in October 2011 from LSCG LLC, led by Jay and Kristi Cascio.

The residence previously was tied to an August 2006 mortgage of $716,000 and a December 2007 mortgage of $55,000 held by the bank.

Parking Purchase

A parking lot in downtown Little Rock is under new ownership after a $500,000 sale.

Broadway Park LLC, led by Brett Pitts, acquired the 0.52-acre property at the northwest corner of Louisiana and Sixth streets from One Bank & Trust of Little Rock.

The bank entered the ownership picture in September 2012 through the estate of James H. “Bum” Atkins, which owed One Bank $610,000.

The property was bought for $200,000 in November 1981 to support the Atkins Building at 105 W. Capitol Ave. The sellers were Batte and Pamela Stanton.

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