Icon (Close Menu)

Logout

Former Clinton Museum Store Draws $2.3M Sale (Real Deals)

5 min read

A 21,840-SF building in downtown Little Rock weighed in at $2.27 million.

610 President Clinton Avenue LLC, led by Mark Dake, bought its namesake property and former home of the Clinton Museum Store from the Bill, Hillary & Chelsea Clinton Foundation.

The deal is backed with a five-year loan of $2.25 million from Missouri’s Springfield First Community Bank.

The foundation acquired the 0.16-acre development for $1.36 million in January 2004 from Southern Office Services Inc., led by Gregory Hart.

Mini-Acquisitions

Two mini-storage projects in North Little Rock produced a pair of $1.85 million transactions.

AR Storage Centers IV LLC, led by Stuart Finley, Ryan Holder and Bud Finley, purchased the 314-unit Remount Storage at 6140 Remount Road and the 338-unit North Little Rock Storage Center at 103 E. Spriggs Road.

The sellers were KMA Realty LLC and KMA Realty II LLC, both led by Phillip and Tina Davis and Terry and Gina Hartwick.

The deal is financed with a seven-year loan of $3 million from Little Rock’s Bank of the Ozarks.

The 2.52-acre NLR Storage development previously was tied to an April 2014 mortgage of $1.25 million held by Eagle Bank & Trust of Little Rock.

The location was acquired for $68,000 in April 2013 from Gail Herrin, Carl Williams Jr. and Debi Davis.

The 3.77-acre Remount development previously was linked with an April 2014 mortgage of $542,000 held by Eagle Bank.

The location was bought for $90,000 in September 1998 from Lilac LLC, led by Andy Collins.

Temple Transaction

The Scimitar Shrine Temple in southwest Little Rock changed hands in a $1.1 million sale.

Gujarati Samaj of Arkansas Inc., led by Girish Patel, acquired the 48,000-SF complex at 1 Scimitar Circle from the Scimitar Temple Board of Trustees.

The deal is funded with a five-year loan of $400,000 from One Bank & Trust of Little Rock.

The 8.47-acre property was assembled in three transactions with Orbit Valve Profit Sharing Plans A&B: $135,000 in June 1983, $27,000 in January 1988 and $6,000 in January 1991.

Townhomes Buy

Five three-unit townhomes in west Little Rock are under new ownership after a $780,000 transaction.

J. Hoffman Properties LLC, led by James Hoffman, David Rapp and Brian Teeter, bought the 1805, 1807, 1811, 1819 and 1821 Reservoir Road buildings from Fran and Woodrow Curtis.

The deal is backed with a one-year loan of $850,000 from Tricore Capital LLC of Little Rock.

Hoffman resold two of the properties in deals with Jason Hunt and Anna Tang ($190,000 for 1819 Reservoir) and Stacey Atsaides ($204,000 for 1811 Reservoir).

The Hunt and Tang purchase is financed with a 20-year loan of $142,125 from BancorpSouth Bank of Tupelo, Mississippi.

The Atsaides acquisition is funded with a 30-year loan of $142,433 from Guaranteed Rate Inc. of Chicago.

The Curtis family bought two buildings for $300,000 in September 2010 from Rock Solid Real Estate LLC, led by Shannon Scroggins and Walter O’Neil II.

The other three were acquired in deals with DSI Investments Inc., led by Dennis Clay, $150,000 in January 2014; Sharon Masters, $215,000 in February 2006; and Edward Morgan, $199,000 in March 2006.

Fence Purchase

A 6,568-SF office-warehouse in southwest Little Rock drew a $450,000 sale.

Little Rock Fence Co., led by Glenn Jacks, purchased the 11125 Interstate 30 project. The seller is A&L Energy Inc., led by Barry Busada.

The deal is backed with a five-year loan of $382,500 from Simmons Bank of Pine Bluff.

A&L bought the 2.41-acre development in December 2009 as part of a $500,000 deal with Master-Halco Inc. of Dallas.

Canal Pointe Abode

A 4,957-SF home in Little Rock’s Canal Pointe neighborhood rang up a $950,000 deal.

The Caroline Morgan Ford Trust acquired the house from James and Linda Landers and their namesake revocable trusts.

The Landers family purchased the property for $615,000 in May 2004 from Emmitt and Kaye Henderson.

Estates Sale

A 5,200-SF home in west Little Rock’s Bella Rosa Estates neighborhood sold for $730,100.

Lawrence Davis III and his wife, Rosaland, bought the house from Woodhaven Homes Inc., led by Jack Wilson.

The deal is financed with a 30-year loan of $605,983 from Wells Fargo Bank of Sioux Falls, South Dakota.

The residence previously was tied to a November 2014 mortgage of $560,000 held by Bank of the Ozarks and a lien claim of $74,463 held by Lumber One Home Center Inc. of Mayflower.

Woodhaven acquired the site for $170,000 more than 19 months ago from The Jennifer S. McCarty Revocable Trust.

Bi-County Buy

A 65.76-acre spread on the Pulaski-Perry county line changed hands in a $700,000 deal.

S&L Futures Inc., led by Keith Lundquist, purchased the property, which includes a 1,420-SF house off Highway 113 and an adjoining 13.6 acres in Perry County.

The seller, Ronnie Mullins, provided a one-year loan of $165,000 to fund the deal.

The property largely was assembled in deals with George and Betty Munsey, $42,000 in October 1970; and Judson Kidd and William Wilson Jr., $22,000 in November 1992.

Foxcroft House

A 4,858-SF home in Little Rock’s Foxcroft neighborhood is under new ownership after a $575,000 sale.

Matthew and Melissa Claypool acquired the house from Daniel Waymack.

The deal is backed with a 30-year loan of $417,000 and a five-year loan of $43,000 from Simmons Bank. The residence previously was linked with a March 2015 mortgage of $400,000 held by Jerry and Linda Waymack.

The property was purchased for $250,000 in December 2014 from Betty Ann Rawn.

Miramar Home I

A 3,862-SF home in the Miramar Place neighborhood of west Little Rock’s Chenal Valley development drew a $560,000 transaction.

Jonathan and Lisa Goldberg bought the house from The Wilson Co., led by Janet Dillon.

The deal is financed with a 25-year loan of $498,400 from Regions Bank of Birmingham, Alabama.

The location was acquired for $84,000 in December 2014 from Deltic Timber Corp. of El Dorado.

Miramar Home II

A 3,718-SF home in the Miramar Place neighborhood of west Little Rock’s Chenal Valley development rang up a $506,000 sale.

Daniel and Jennifer Allen purchased the house from Stevens Commercial Contractors Inc., led by Jackie Stevens.

The deal is funded with a 30-year loan of $417,000 from Arvest Bank of Fayetteville. The residence previously was tied to a July 2015 mortgage of $448,242 held by First Security Bank of Searcy.

The site was bought for $89,000 in December 2014 from Deltic Timber Corp.

Seven-Digit Construction

New Warehouse    $4,343,310
LM Wind Power
8000 Frazier Pike, Little Rock
W.G. Yates & Sons Construction Co., Philadelphia, Mississippi

Mini-Storage Renovation    $2,500,000
6501 Geyer Springs Road
River City General Contractor Inc., Little Rock

Send this to a friend