Mexico Chiquito Serves $1.5 Million Transaction <span style="background: #fffcbf;">(Real Deals)</span>


A 3,280-SF Tex-Mex eatery in west Little Rock tipped the scales at $1.55 million.

Anchor Realty Investments LLC, led by David Bubbus, bought the Mexico Chiquito at 13924 Cantrell Road. The seller is Mexico Chiquito Highway 10 LLC, originally led by Jerry Haynie.

The redevelopment for a David’s Burgers is backed with a seven-year loan of $1.2 million from Relyance Bank of Pine Bluff.

In August 2008, the 1.67-acre Mexico Chiquito development was funded with a $1.6 million loan from Regions Bank of Birmingham, Alabama.

Mobile Acquisition
A combo deal for two mobile home parks in Jacksonville weighed in at $1.32 million.

Paradise-Phoenix Properties LLC, led by Dennis Downing, purchased its namesake mobile home parks: the 37-unit Paradise Village project at 300 Taylor St. and the 65-unit Phoenix project at 2205 Green Acres Road.

The seller is Paradise & Phoenix Mobile Home Parks LLC, led by John O’Sullivan Jr.

The deal is financed with an assumed August 2014 mortgage of $600,000 held by Tandem Inc., led by Dawn Rickabaugh, an assumed October 2015 mortgage of $371,575 held by Dennis Stroth and a five-year loan of $118,767 from the seller.

The 7.05-acre Phoenix development and 3.55-acre Paradise development were bought for $900,000 in August 2014 from Pleasant Grove Investments LLC, led by Danny Wallis.

Mid Corp Buy
A 43,682-SF office-warehouse facility in west Little Rock is under new ownership after an $830,000 transaction.

Mid Corp Investments LLC, led by Mark Middleton, acquired the 8717 Stagecoach Road project from Norman and Deborah Barnett.

The 7.24-acre development previously was tied to an April 2008 mortgage of $1.1 million held by Regions Bank.

The Barnetts purchased the property for $435,000 in August 1994 from Merchants Realty LLC, led by Dan Phillips.

Entergy Purchase
A 12,110-SF service-repair garage facility in south Pulaski County sold for $480,000.

Entergy Arkansas Inc. of New Orleans bought the 424 Shamburger Lane project from Spencer Associates of New York Ltd. of Greenwich, Connecticut.

The 5.28-acre development was acquired for $850,000 in November 1978 from Millicent Associates of West Hartford, Connecticut.

Quad Transaction
A four-unit apartment building in North Little Rock changed hands in a $300,000 deal.

Holt Investments LLC, led by James Holt, purchased the 10820 Frenchmen Loop project from Matthew and Angela Hutsell.

The deal is funded with a five-year loan of $139,202 from First Security Bank of Searcy.

The 0.38-acre development previously was linked with an October 2014 mortgage of $217,868 held by the bank.

The Hutsells bought the property for $288,000 in October 2009 from Parker Rental Properties LLC, led by Toby Parker.

Deauville Manor
A 6,333-SF manor in the Deauville Place neighborhood of west Little Rock’s Chenal Valley development tipped the scales at $1.17 million.

Manoj and Chetnaben Patel acquired the house from K&K Living Trust, led by Kevin and Karen Hughes.

The deal is backed with a 30-year loan of $821,775 from Quicken Loans Inc. of Detroit. The residence previously was tied to a February 2016 mortgage of $349,000 held by IberiaBank of Lafayette, Louisiana.

The site was purchased for $196,000 in September 2005 from Deltic Timber Corp. of El Dorado.

Heights Home I
A 4,209-SF home in the Heights area of Little Rock rang up an $850,000 sale.

Jennifer Schueck bought the house from James Carney Jr. and his wife, Michelle. The residence previously was linked with a December 2010 mortgage of $235,000 held by IberiaBank.

The Carneys acquired the property for $765,000 more than seven years ago from Marianne Munro and Tod Swiecichowski.

Orle Residence
A 5,866-SF home in the Orle Circle neighborhood of west Little Rock’s Chenal Valley development drew a $735,000 transaction.

Atif and Tania Akhtar purchased the house from Sashi Kona and Naga Yenduri. The deal is financed with a 30-year loan of $588,000 from Regions Bank.

The residence previously was tied to an April 2016 mortgage of $572,800 held by U.S. Bank of Cincinnati.

The property was bought for $666,000 in October 2014 from Woodhaven Homes Inc., led by Jack Wilson.

Heights Home II
A 3,080-SF home in the Heights area of Little Rock is under new ownership after a $722,000 deal.

James Carney Jr. and his wife, Michelle, acquired the house from Jeff Fuller Homes LLC. The deal is funded with a 15-year loan of $342,000 from One Bank & Trust of Little Rock.

The residence previously was linked with a May 2017 mortgage of $580,000 held by Little Rock’s Bank of the Ozarks.

The property was purchased for $250,000 13 months ago from Theresa Hulsey.

Hickory Creek
A 5,391-SF home in west Little Rock’s Hickory Creek neighborhood sold for $655,000.

John Rees Jr. and Katie Henry bought the house from the Linda Holbert Revocable Trust.

The deal is backed with a 30-year loan of $453,000 from Bank of Little Rock Mortgage Corp.

The location was acquired for $100,000 in September 1993 from Hickory Creek Ltd., Hickory Valley Ltd. and Beacon Hill Ltd., all led by Clint Boshears.

Downtown Condo
A 2,078-SF high-rise home in downtown Little Rock changed hands in a $650,000 deal.

The Stephen Rousseau & Nancy Rousseau Joint Revocable Trust purchased the 14th-floor condo in the 300 Third Building from Larry and Shelia Vaught.

The deal is financed with a 15-year loan of $300,000 from Bank of England. The property previously was tied to a December 2016 mortgage of $308,900 held by IberiaBank.

The Vaughts bought the condominium for $580,000 in October 2013 from Anna and Gregory Hendrix. n

Hallen House
A 3,198-SF home in the Hallen Court neighborhood of west Little Rock’s Chenal Valley development rang up a $575,000 sale.

Michael and Tina Talbert acquired the house from Chase and Casey Rackley. The deal is funded with a 10-year loan of $325,000 from Eagle Bank & Trust of Little Rock.

The residence previously was linked with a September 2015 mortgage of $465,000 held by Crain Family Holdings LLC, led by Larry Crain Jr., and an August 2016 mortgage of $417,000 held by Primary Residential Mortgage Inc. of Salt Lake City.

The location was purchased for $98,000 in July 2014 from Deltic Timber.

Hickory Grove
A 3,600-SF home in west Little Rock’s Hickory Grove neighborhood drew a $550,000 transaction.

Jeffrey Robertson and Michelle Jupin bought the house from Markus Homes Inc., led by Melinda Markus.

The deal is backed with a 30-year loan of $550,000 from Regions Bank. The residence previously was tied to a January 2017 mortgage of $472,000 held by First Security Bank of Searcy.

The land was acquired in July 2003 as part of a $725,000 deal with First Baptist Church.