Paramount Transaction Adds Up to $3.6 Million (Real Deals)

by George Waldon  on Monday, Dec. 23, 2013 12:00 am  

Paramount Life Building at 11025 Anderson Drive in west Little Rock. (Photo by Jason Burt)

The 0.94-acre development previously was tied to a September 2009 mortgage of $770,950 held by the bank.

OMG Properties bought the multifamily project for $770,900 more than four years ago from Jonco Enterprises Inc., led by Jay O’Neal.

Cheyenne Acquisition

A 213,856-SF industrial facility in east Little Rock sold for $206,000.

BCR Investments LLC, led by Ben Davis, Cindi Mathis and Ronny Davis, purchased the former Cheyenne Industries complex at 2000 E. 17th St. The seller is Fletcher Realty 2 LLC, led by Frank Fletcher.

The 11.3-acre development was acquired for $925,000 in October 1985 from Mid-South Associates Ltd., led by Charles Brindell Jr.

Deauville Manor

A 6,432-SF home in the Deauville neighborhood of west Little Rock’s Chenal Valley development rang up a $869,000 deal.

Myra Taft-Watson and her husband, Douglas, bought the house from the McClain Living Trust, led by Duncan and Carol McClain.

The deal is financed with a 30-year loan of $417,000 from Bank of Little Rock Mortgage Corp. The residence previously was linked with an October 2010 mortgage of $636,360 held by CitiMortgage Inc. of O’Fallon, Mo.

The McClains purchased the property for $1.02 million in August 2006 from ODS Enterprises LLC, led by Oscar Washington.

Country Club House I



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