Deltic Acreage Adds Up To $2.5 Million Buy (Real Deals)

by George Waldon  on Monday, May. 13, 2013 12:00 am  

Tenant turned owner at the Innerplan facility in North Little Rock. (Photo by Jason Burt)

Land Buy

A 0.44-acre parcel in midtown Little Rock sold for $456,061.

A&A Investments LLC, led by Amir Qureshi, acquired the land at the northeast corner of Markham and Fillmore streets from Dr. Patricia Ugwu.

The property was purchased in September 2002 as part of a $375,000 deal with Richard and Rita Pellegrino.

Downtown Deal

A 20,680-SF storefront building in downtown Little Rock changed hands in a $385,000 sale.

Prachi Investment Inc., led by Dipesh Patel, bought the 610 Main St. project. The seller is FNT Development LLC, led by Frieda Tirado.

The 0.24-acre development previously was tied to a September 2005 mortgage of $272,000 held by Metropolitan National Bank of Little Rock.

The property was acquired for $320,000 more than seven years ago from Penzel Heirs LLC, led by Lee Wright.

Vision Development

A commercial property in west Little Rock is under new ownership after a $350,000 deal.

Vision Properties of Arkansas LLC, led by Abdul Jiwani, purchased the Stagecoach Grocery & Deli at 6024 Stagecoach Road from Charles Goss Jr. and his wife, Kathy.



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