Springhill Suites Hosts $4.5M Transaction (Real Deals)

by George Waldon  on Monday, Feb. 17, 2014 12:00 am  

Springhill Suites by Mariott at 306 Markham Center Drive.  (Photo by Jason Burt)

The 1.36-acre location was acquired for $70,000 in January 1970 from International Paper Co., now based in Memphis.

Charter Buy

An undeveloped 1.62-acre parcel in Maumelle rang up a $250,000 deal.

Pulaski Charter School Inc., led by Rob McGill, bought the site near the northeast corner of Lake Pointe Drive and Lake Point Place. The seller is Waller Investments LLC, led by Judy Waller.

Waller purchased the property in June 1999 as part of a $268,000 deal with Spearsville Timber Co., led by Bill Haley.

Bretagne Manor

A 7,214-SF home in the Bretagne Circle neighborhood of west Little Rock’s Chenal Valley development weighed in at $928,000. Tom and Cindy Formicola acquired the house from the namesake revocable trusts of Audrey and Gerry Riser.

The Risers bought the property for $856,000 in February 1999 from Joe E. Hughes Construction Inc.

River Ridge Abode

A 3,459-SF home in Little Rock’s River Ridge Pointe neighborhood sold for $505,000.

Jonathan Bevans purchased the house from Nikolaos and Sarah Paslidis. The deal is financed with one-year loans of $525,000 and $180,000 from Eagle Bank & Trust of Little Rock.

The Paslidis family acquired the property for $358,000 in December 1999 from Joseph and Maudie Stillman.



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