Wooded Acres Sell In $1.59 Million Deal (Real Deals)

by George Waldon  on Monday, Sep. 30, 2013 12:00 am  

Second-phase construction at The Pointe at Broadie Creek. (Photo by Jason Burt)

The Le Vine family bought the 1.96-acre property for $97,000 in April 1979.

The seller was Power Systems Ltd., led by W.J. Hergenrader.

Warehouse Sale I

A 15,000-SF warehouse in south Little Rock is under new ownership after a $375,000 transaction.

VeeeeHT LLC, led by Van Tilbury, acquired the 5601 Scott Hamilton Drive project.

The seller is EHP Investments LLC, led by Robert East and Thomas Harding.

The deal is funded with a 10-year loan from Regions Bank of Birmingham, Ala., and a $75,000 loan from EHP Invest-ments.

The 3.89-acre development previously was linked with a January 2006 mortgage of $256,566 held by Metropolitan National Bank of Little Rock.

EHP purchased the property for $250,000 in March 2003 from James and Linda Wyatt.

Warehouse Sale II

A 21,000-SF warehouse in Sherwood changed hands in a $275,000 deal.

Trickd Holdings LLC, led by Richard Thackeray, bought the 6108 Carnegie Drive project from Charles Meador.



Please read our comments policy before commenting.