Woodbridge Complex Sells for $2.1 Million (Real Deals)

by Arkansas Business Staff  on Monday, Jun. 24, 2013 12:00 am  

Trinity Village at 1600 John Barrow Road.  (Photo by Mauren Kennedy)

Mac and Dorothy Woodward acquired the house from the Charles Robert Sherman Revocable Trust. The deal is financed with a 10-month loan of $1.3 million from Bank of Little Rock.

The residence previously was linked with a September 2012 mortgage of $250,000 held by Regions Bank of Birmingham, Ala.

The property was bought for $930,000 in August 2000 from Roy Turner Jr. and his wife, Betty.

Estates Sale

A 4,378-SF house in the Ridgefield Estates neighborhood changed hands in a $602,000 transaction.

Don and Kimberly Fowler purchased the house from Rex and Jane Bell.

The deal is funded with a 30-year loan of $417,000 and a five-year loan of $64,000 from IberiaBank Mortgage Co. of Little Rock.

The property previously was tied to a September 2003 loan of $400,000 from Merrill Lynch Bank USA of Salt Lake City.

The Bells assembled the 10-acre residential spread in two deals totaling $355,000. The house was bought for $300,000 in June 1993 from Randal and Dana McLemore, and an adjoining 5-acre lot was acquired for $55,000 in August 1993 from Ridgefield Estates Inc., led by Larry Kuca.

Marriott Mortgage

The leaseholders on the downtown Little Rock Marriott Hotel property picked up a $20 million funding agreement.

FWH II Little Rock LLC of Memphis, an affiliate of Fairwood Capital, obtained the five-year loan of

 

 

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