Athletic Trio Transaction Adds Up to $18.8 Million (Real Deals)

by George Waldon  on Monday, Jul. 1, 2013 12:00 am  

Little Rock Athletic Club at 4610 Sam Peck Road in west Little Rock. (Photo by Mauren Kennedy)

The 0.23-acre development previously was linked with a January 2007 loan of $267,300 from Twin City Bank of North Little Rock.

Henderson bought the property from Derrick and Rani Gunn for $200,000 in August 2002.

CALS Acquisition

A storage facility project is in the works in east Little Rock after a $157,000 deal.

Central Arkansas Library System purchased the 1.13-acre site on the south side of East Sixth Street between Bond Avenue and Bender Street from Darius Hill III and his wife, Lajean.

The property will be used to house CALS equipment and vehicles, which will free up basement space for book storage and parking at the main downtown library.

Hill consolidated ownership in the property as part of three deals totaling $199,000.

The sellers were Richard and Carla Hill, $75,000 in November 2010; Mary Ann Hill Mott, $64,000 in September 1999; and Charles and Annis Hill, $60,000 in September 1999.

Germay Residence

A 4,293-SF home in west Little Rock’s Germay Court neighborhood in the Chenal Valley development changed hands in a $660,000 transaction.

Rex and Jane Bell bought the house from Don and Kimberly Fowler. The deal is financed with a 30-year loan of $417,000 and a five-year loan of $110,000 from One Bank & Trust of Little Rock.

The residence previously was tied to an April 2005 mortgage of $550,000 held by Bank of England Mortgage Co. and an October 2005 mortgage of $250,000 held by Metropolitan National Bank of Little Rock.



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