Albert Pike Apartments Acquired for $3.6M (Real Deals)

by George Waldon  on Monday, Aug. 5, 2013 12:00 am  

The Albert Pike Hotel in downtown Little Rock is undergoing an extensive renovation after new ownership visited the apartment project. (Photo by Mauren Kennedy)

The Steven J. Landers Jr. Trust purchased the 6,000-SF building for his iPawn venture at 11108 N. Rodney Parham Road from Hayes Family LLC, led by Mary Hayes.

The 0.9-acre site was acquired for $100,000 in June 1976 from Charles and Desha Basham.

River View Abode

A 5,351-SF home in Little Rock’s River View Point neighborhood is under new ownership after a $1.15 million transaction.

Allen and Sarah Engstrom bought the house from Martin and Julia Sunde.

The deal is financed with a 30-year loan of $920,000 from U.S. Bank of Cincinnati.

The residence previously was linked with a November 2010 mortgage of $763,000 originated by Moore Mortgage Inc. of Little Rock.

The Sundes purchased the property for $1.3 million in January 2006 from Sam and Rosalinda Winstead.

Country Club Home

A 3,268-SF home near the Country Club of Little Rock sold for $847,000.

R.L. and Nancy Qualls acquired the house from Ben and Nelda Johnson.

The residence previously was tied to a November 2006 mortgage of $772,000 held by Centennial Bank of Conway and helped secure an August 2009 mortgage of $1.03 million held by Allied Bank of Mulberry (Crawford County).



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