Sherwood Retail Project Recycled in $1.2M Sale (Real Deals)

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

The former Harvest Foods store at 4101 E. Kiehl Ave. in Sherwood. (Photo by Mauren Kennedy)

The transaction is financed with a 30-year loan of $350,000 from Farm Credit Midsouth of Jonesboro.

The condominium previously was tied to August 2010 mortgages of $417,000 and $173,000 from Bank of England.

The Desselles bought the property for $490,000 in May 2010 from Arkansas Riverview Development LLC, led by Brad Canada.

Country Club House

A 3,674-SF home near the Country Club of Little Rock changed hands in a $600,000 deal.

Elizabeth and Jordan Blackshaw ac-quired the house from Stephen and Melissa Marks.

The deal is backed with 30-year loan of $240,000 from Regions Bank of Birmingham, Ala.

The residence previously was linked with October 2011 mortgages of $417,000 and $163,500 held by U.S. Bank of Cincinnati.

The Marks family purchased the property for $700,000 in November 2006 from D&R Real Estate LLC, led by Anthony Dilday and Robert Richardson Jr.

Woodland’s Home

A 3,843-SF home in the Woodland’s Edge neighborhood of west Little Rock rang up a $510,000 sale.

Michael and Rae Wells bought the house from Chenal Valley Construction Inc., led by Jim Miles.



Please read our comments policy before commenting.

Latest Arkansas Business Poll

Did the Fed make the right call on interest rates?