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)

The deal is financed with a 15-year loan of $330,000 from the sellers.

The 3.97-acre development was bought for $484,000 in December 2006 from the Charles & Jean Goss Revocable Family Trust.

Landmark Retail

A 4,800-SF retail project in the Landmark community in southeast Pulaski County rang up a $330,000 sale.

Koon Properties LLC, led by Walter and Diane Koon, acquired the 15424 Arch St. project. The seller is Minerva Enterprises Inc., led by Jonathon McCaleb.

The deal is funded with a $200,000 loan from Peoples Bank of Sheridan.

The 4.49-acre site was purchased for $33,000 in May 1971 from Alton and Floy Cash.

Sherwood Commercial

An 8.65-acre commercial property in Sherwood drew a $235,000 transaction.

Glaze/Adams Enterprises LLC, led by Bryan and Sonja Glaze and Richard and Rachel Adams, bought the Wagging Tails project at 14307 Hwy. 107 from Cassandra Bone.

The deal is backed with a five-year loan of $275,833 from Little Rock’s Bank of the Ozarks.

The land was assembled in two transactions totaling $68,000. The sellers were Patsy Killough, $40,000 in October 1991, and the estate of Woodrow Wilson Sellers, $28,000 in December 1993.



Please read our comments policy before commenting.