Super 8 Transformation Follows $2.6M Purchase (Real Deals)

Home

Super 8 Transformation Follows $2.6M Purchase (Real Deals)

by George Waldon on Monday, Nov. 4, 2013 12:00 am

Rebranding to a Super 8 accompanied the sale of the former La Quinta Inn at 11701 Interstate 30 in Little Rock. (Photo by Jason Burt)

The deal is financed with a five-year loan of $140,000 from Wells Fargo Bank of Sioux Falls, S.D. The 0.66-acre development previously was tied to a September 2007 mortgage of $240,000 held by Little Rock’s Bank of the Ozarks.

The Rogers family bought the property for $210,000 in August 2007 from Lakewood Daycare Inc., led by Wray and Joy Jones.

Woodland’s Residence

A 4,317-SF home in west Little Rock’s Woodland’s Edge neighborhood sold for $550,000.

Christopher Long II purchased the house from the Randy L. Wright and Donna R. Wright Revocable Trust.

The deal is funded with a 30-year loan of $415,250 from U.S. Bank of Cincinnati. The residence previously was linked with June 2011 mortgages of $162,400 and $250,000 held by Arvest Bank of Fayetteville.

The Wrights acquired the location for $80,000 in April 2010 from Rocket Properties LLC, led by Ron Tyne.

Country Club House

A 2,563-SF home near the Country Club of Little Rock rang up a $537,000 deal.

David and Shay Matthews bought the house from Ruth McDonough.

The deal is backed with a seven-year loan of $375,900 from Bank of the Ozarks.

McDonough purchased the property for $475,000 in March 2004 from Shane and Kristin Hall.