$42.6 Million Transaction Visits Foothills Apartments (Real Deals)

by George Waldon  on Monday, Apr. 21, 2014 12:00 am  

Foothills Apartments at 2401 Lakeview Road in North Little Rock. (Photo by Jason Burt)

The deal is financed with a $140,000 loan from Centennial Bank.

The 0.8-acre development previously was tied to a October 2006 mortgage of $152,000 held by North Little Rock’s National Bank of Arkansas.

The Vasquez family purchased the property for $190,000 more than seven years ago from David and Debra Oltmans.

PV Residence

A 4,552-SF home in west Little Rock’s Pleasant Valley neighborhood rang up a $752,000 transaction.

John and Allison Waldo bought the house from Marc and Angela Tankel. The deal is funded with a 30-year loan of $417,000 from One Bank & Trust of Little Rock.

The residence previously was linked with a June 2012 mortgage of $417,000 held by One Bank.

The Tankels acquired the property for $715,000 in October 2009 from David and Amy White.

Arbors Home

A 4,100-SF home in the Arbors neighborhood of west Little Rock’s Chenal Valley development sold for $600,000.

Erb Living Trust, led by David and Louise Erb, purchased the house from Donny and Christi Slayton.

The deal is backed with a 30-year loan of $420,000 from Quicken Loans Inc. of Detroit.

The residence previously was tied to a June 2007 mortgage of $612,000 held by MLD Mortgage Inc. of Florham Park, N.J.

The Slaytons bought the house for $767,000 nearly seven years ago from TLC Builders & Developers Inc., led by Perry Black.



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