A 232-unit apartment project in west Little Rock tipped the scales at $8.35 million.
PR Barrington Hills LLC of Wellington, Florida, purchased the Barrington Hills Apartments at 1221 Reservoir Road. The seller is Barrington Hills Acquisition LLC, an affiliate of Maxus Realty Trust Inc. of North Kansas City, Missouri.
The deal is financed with a five-year loan of $8.4 million from Providence Bank of Columbia, Missouri.
The 11.71-acre development previously was tied to a November 2010 mortgage of $5.2 million held by Northmarq Cap-ital LLC of Bloomington, Minnesota.
The property was bought for $7 million in November 2001 from Waterton Raintree LLC of Chicago.
Business Center Buy
A 42,662-SF industrial project in west Little Rock weighed in at $5 million.
Colonel Glenn Business Center LLC, led by Russell Hall, acquired its namesake project at 10303 Col. Glenn Road. The seller is 10303 Colonel Glenn LLC, led by Dennis Stearns.
The deal is funded with a five-year loan of $4 million from First Security Bank of Searcy.
The 4.71-acre development previously was linked with a December 2012 mortgage of $3.5 million and an August 2016 mortgage of $170,000 held by Bear State Bank of Little Rock.
The property was purchased for $4.45 million in December 2012 from CG-Shack Properties LLC, led by Kevin Huchingson.
Movie Tavern Site
A $1.68 million land deal on the north side of Little Rock’s Gateway Town Center is setting the stage for construction of an 11-screen, 46,000-SF Movie Tavern.
30 West Pershing LLC, an affiliate of EPR Properties of Kansas City, Missouri, bought the 6.45-acre site west of Bass Pro Drive. The seller is Gateway Creek LLC, led by Isaac Smith.
The property previously was tied to a January 2016 mortgage of $6 million held by First Security Bank.
Gateway Creek acquired an 89.3 percent stake in the property 13 months ago as part of a $4.97 million deal with Town Center LLC, led by Tommy Hodges.
A 50,328-SF office-warehouse in North Little Rock changed hands in a $1.2 million transaction.
T&O Enterprises LLC of Fort Smith purchased the 2003 W. 38th St. project from Breeden Robinson LLC of Van Buren.
The deal is backed with a five-year loan of $1.05 million from Simmons Bank of Pine Bluff. The 3.71-acre development previously was linked with a September 2013 mortgage of $650,000 held by BancorpSouth Bank of Tupelo, Mississippi.
The property was bought for $550,000 in March 2013 from Custom Food Group Ltd. of Dallas.
A 47,600-SF office-warehouse in Jacksonville rang up a $440,000 sale.
A-1 Freeman Hill Country Ltd. of Oklahoma City acquired the Apache Moving & Storage project at 1300 Redmond Road from L.E. Thompson.
The 12.7-acre site was purchased for $10,000 in July 1997 from the city of Jacksonville.
A 22-unit apartment project in North Little Rock drew a $330,000 transaction.
Stone Crest Apartments LLC, led by Ryan and Jeffrey Aclin, bought the 4416 Lynn Lane project from Sharon Smith.
The deal is financed with a three-year loan of $490,000 from First Community Bank of Batesville.
The 0.86-acre location was acquired for $40,000 in April 1984 from Terrell and Carolyn Gipson and Hurbon Gipson.
More than 7.5 acres near the Arkansas River in downtown North Little Rock sold for $286,000.
NLR Scrap LLC, led by Harold Tenenbaum, purchased the land, mostly along Gribble Street midway between Crockett and Clover streets and connecting with Lincoln Avenue.
The seller is Argenta River Investors LLC, led by Roy Glover.
The Glover family assembled the land as part of 15 transactions totaling $299,000.
The first eight deals were with Roy and Lois Glover, $15,000 in August 1977; Jessie and Florence Davidson, $18,000 in October 1978; Angela Clifton, $12,000 in August 1979; Donald and Dorothy Dutton, $15,000 in November 1981; Charles and Karen McRaven, $45,000 in March 1984; Leonard and Juanita Horton, $15,000 in December 1986; Leonard Horton, $6,000 in September 1987; and Robert and Theresa Hughes, $100,000 in October 1988.
The remaining deals were with Arlan Harris, $10,000 in January 1989; Earl Martin, Henry Robinson, Betty Sipes, Dorothy Ferguson and Becky Glover, $5,000 in June 1990; Pearl McNair, $3,000 in June 1992; Garry Harris, $2,000 in April 1993; Cleveland and Linda Hutchins, $3,000 in January 1995; Christine Crockett Living Trust, $35,000 in September 1997; and Clifton Family LLLP, led by Norman Clifton, $15,000 in June 2013.
A 2,892-SF home in the County Farm Road neighborhood of west Pulaski County is under new ownership after an $800,000 transaction.
Tod Swiecichowski and Marianne Munro acquired the 8-acre spread on the Arkansas River from Wayne and Linda Woods.
The property previously was tied to an April 2016 mortgage of $484,500 held by Bear State Bank.
The property was purchased as part of a $575,000 deal 11 months ago from the Harry McDermott Jr. estate.
A 5,400-SF home in The Arbors neighborhood of west Little Rock’s Chenal Valley neighborhood changed hands in a $655,000 deal.
James and Victoria Holloway bought the house from Benton Brandon III.
The residence previously was linked with April 2010 mortgages of $735,000 held by One Bank & Trust of Little Rock and $160,000 held by Rush and Linda Harding.
Brandon acquired the property for $925,000 nearly seven years ago.
The seller was WVM LLC, led by Rush Harding.
Mirabel House I
A 4,000-SF home in the Mirabel Court neighborhood of west Little Rock’s Chenal Valley Development rang up a $587,543 sale.
Daniel and Glenda Watson purchased the house from Dillon Group Inc., led by Janet Dillon.
The deal is tied to a 15-year loan of $466,000 from Regions Bank of Birmingham, Alabama.
Dillon Group bought the site for $89,000 in November 2015 from Deltic Timber Corp. of El Dorado.
Mirabel House II
A 3,800-SF home in the Mirabel Court neighborhood of west Little Rock’s Chenal Valley Development drew a $537,400 transaction.
Samuel and Dania Edwards acquired the house from Redbridge Development Ltd., led by Robert Schmitt.
The deal is funded with a 25-year loan of $483,660 from Regions Bank. The residence previously was linked with an April 2016 mortgage of $352,261 held by Citizens Bank of Batesville.
The site was purchased for $89,000 in December 2015 from Deltic Timber Corp.
A 4,037-SF home in west Little Rock’s Woodland’s Edge neighborhood sold for $530,000.
Dhaval and Bhavika Patel bought the house from Hess Custom Construction LLC, led by John Hess.
The deal is backed with a 25-year loan of $530,000 from Regions Bank. The residence previously was tied to a September 2015 mortgage of $459,000 from Simmons Bank.
The location was acquired for $80,000 18 months ago from Rocket Properties LLC, led by Ron Tyne and Lisenne Rockefeller.
3rd Realm $1,800,000
4711 Talley Road, Little Rock
CR Crawford Construction LLC, Fayetteville