Holcombe Heights Visited By $4.3M Owner Change (Real Deals)

by George Waldon  on Monday, Mar. 24, 2014 12:00 am  

Holcombe Heights Apartments in Little Rock (Photo by Jason Burt)

The bank purchased the 0.49-acre development in November 2008 for $530,000. The seller was Leah Keith and the estate of Sandy Keith.

Office Acquisition

A 5,344-SF office building in southwest Little Rock sold for $289,000.

Douglas and Monaca Walker acquired the 8000 National Drive project from Ray Barber.

The deal is backed with a three-year loan of $168,000 from Arvest Bank of Fayetteville.

The nearly 1-acre development previously helped secure a July 2007 mortgage of $800,000 held by Central Bank of Little Rock.

Barber bought the property for $158,000 in June 1999 from North Little Rock’s Mercantile Bank of Arkansas.

Sologne Residence

A 5,187-SF home in the Sologne Circle neighborhood of west Little Rock’s Chenal Valley development changed hands in a $650,000 transaction.

Kevin Claybrook purchased the house from John Riggs III and his wife, Lila.

The deal is financed with a 15-year loan of $417,000 from Triumph Mortgage of Collierville, Tenn., and a five-year loan of $100,000 from the Bank of Augusta.

The house was sold in February 2004 for $793,000 by Chateau Customer Homes Revocable Trust, led by Carla Spainhour.



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